Microsoft’s the acquisition of Activision Blizzard deal is close to the end, according to foreign media The Verge senior editor Tom Warren in X platform, Microsoft is expected to complete the acquisition within the next week, and the end of the 20-month-long acquisition process.
Tom Warren claimed that October 6 is the deadline for the CMA to provide feedback on the deal’s provisional approval, and with that in mind, and barring any surprises, Microsoft is expected to finalize and close the acquisition next week, ending a 20-month-long process.
▲ Source: Tom Warren’s posting on the X platform.
However, outside of the CMA, the FTC still said last month that it “will continue to block Microsoft’s acquisition of Activision Blizzard”, and the FTC believes that the acquisition may make Microsoft’s Xbox platform exclusive to Activision Blizzard’s games, while Nintendo and Sony will be excluded.
In a recently leaked document, the FTC said, “The Commission has determined that the public interest requires that this matter be fully and expeditiously resolved, and the Commission therefore remands this case for further proceedings.”
▲ Source: Previously Leaked FTC Documents
FTC spokeswoman Victoria Graham previously revealed that “the Commission continues to believe that this transaction poses a threat to competition, and we are placing this matter on the Commission’s Part 3 calendar pending an ongoing federal court appeal, but the current focus is on the federal appellate process”.
