Republic of Korea: Korea Fair Trade Commission investigation into Microsoft's proposed acquisition of Activision Blizzard

Progress

Current status
concluded
30 May 2023 concluded
14 Apr 2022 under deliberation

Scope

Implementers
Republic of Korea
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
technological consumer goods
software provider: other software
Government Branch
executive
Government Body
competition authority
Implementation Level
national

Timeline of events

30 May 2023
concluded

Issued FTC ruling approving Microsoft's acquisition of Activision Blizzard

On 30 May 2023, the Korean Fair Trade Commission (FTC) approved Microsoft's acquisition of Activision Blizzard, noting that there are no concerns about restricting competition in the domestic game market due to the exclusive offering of Blizzard gam…

Source
Event type investigation
Action type closure
Government branch executive
Government body competition authority
14 Apr 2022
under deliberation

Announced KFTC investigation into the proposed acquisition of Activision Blizzard by Microsoft

On 14 April 2022, the Korean Fair Trade Commission (KFTC) opened its investigation into Microsoft's proposed acquisition of Activision Blizzard. Activision Blizzard is a video game holding company headquartered in the United States of America. The a…

Source
Event type investigation
Action type announcement
Government branch executive
Government body competition authority