Japan’s antitrust authority said Tuesday it does not expect Microsoft Corp’s takeover of Activision Blizzard to weaken competition in the country’s console and cloud gaming market. This is another step towards the completion of the $69 billion deal.
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The Japan Fair Trade Commission has notified both companies that it will not issue a cease-and-desist order and that it has concluded its review of the matter.
Recall that last week the UK Competition and Markets Authority (CMA) noted that the deal between Microsoft and Activision Blizzard would not lead to a “significant reduction in competition” in the UK console games market, adding that it continues to study the possible impact of the merger on the cloud market. games. As expected, the British regulator will announce the final conclusions on this transaction by April 26.
The largest takeover in the history of the gaming industry is still subject to regulatory scrutiny in the US and Europe, without whose approval the transaction will not take place. Until June 30 – the date of the planned completion of the transaction – there is not so much time left.
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