Microsoft has presented a new version this Tuesday acquisition of Activision Blizzard 69,000 million dollars (about 64,200 million euros at current exchange rates) to the UK competition regulator.
Specifically, the Competition and Markets Authority is reconsidering the offer after the tech giant said it would sell the rights to all current and future Activision games released over the next 15 years to Ubisoft, a France-based gaming rival. .
“This is not a green light”, underlined Sarah Cardell, director of the CMA. “We will carefully and objectively evaluate the details of the restructuring agreement and its impact on business competition,” he said.
[¿Qué pierde Microsoft tras bloquear Reino Unido la compra de Activision Blizzard?]
Keep in mind that last July, the US Federal Trade Commission (FTC) lost the power to stop such purchases. Specific, a US appeals court rejected a request by regulators to halt the purchase.
In doing so, the appeals court’s decision removes one of the barriers preventing Xbox maker Microsoft from closing the deal and expanding its gaming business.
Brussels gave the green light
The European Commission in May gave the go-ahead for operations in EU countries. Of course, both companies detail a set of conditions which finally convinced the regulators on the old continent.
These conditions are basically related to the ongoing game flow. Microsoft is offering, for the next 10 years, a “free license” to consumers in the European Economic Area that will “enable them to stream, through their chosen cloud game streaming service, all current and upcoming games.” from Activision Blizzard for PC and consoles for those with a license.”
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