United Kingdom: Opened consultation on CMA proposed order blocking Microsoft/Activision merger
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Opened consultation on CMA proposed order blocking Microsoft/Activision merger
On 18 May 2023, the UK Competition and Markets Authority (CMA) opened a public consultation on the Final Order issued following the investigation into Microsoft Corporation/Activision Blizzard merger, until 19 June 2023. The parties are invited to submit information regarding the remedies outlined in the Final Order, including the CMA decision not to approve the acquisition. In its final report, the CMA stated that the merger would result in a substantial lessening of competition in the cloud gaming market. Furthermore, the CMA stated that the commitments proposed by Microsoft regarding its business practices would not ensure competitive dynamism and increase the level of innovation in the cloud gaming market. Finally, the CMA addressed the impact on the competition in the games console market, noting that the acquisition would not have had a negative impact or created berries for new entities.
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