Wednesday, July 24, 2024
HomebusinessMicrosoft's Activision Blizzard merger approved in South Africa

Microsoft's Activision Blizzard merger approved in South Africa

South Africa’s competition regulator, The Competition Tribunal, has “unconditionally approved” Microsoft’s proposed acquisition of Call of Duty publisher Activision Blizzard.

The Tribunal said the reasons for its decision will be “issued in due course,” but reiterated that it has approved the deal without any conditions.

The proposed $68.7 billionmerger has so far been approved in a number of regions including the EU, Japan, Saudi Arabia, and Brazil

It hasn’t been a clean sweep, however, with UK regulator the Competition and Markets Authority (CMA) blocking the deal over fears it will allow Microsoft to dominate the nascent cloud gaming market.

The deal is also being impeded in the United States, with the Federal Trade Commission (FTC) taking Microsoft to court to halt the deal.

The CloudMobileConsolePC

RELATED ARTICLES
- Advertisment -

Most Popular