The UK government has launched an antitrust investigation after Microsoft announced its proposal to acquire gaming giant Activision Blizzard last year. Microsoft’s offer is 69 billion dollars.
The UK Competition and Markets Authority opened the investigation for comments from any interested party. If necessary, this would give way to a phase 2 investigation, to assess whether this agreement represents a violation of the antitrust regulations of that country. Those interested have until September 1 to respond. If it comes to fruition, this would be one of the largest commercial transactions in history. Two big tech companies are involved in this merger, so the antitrust investigation is an expected routine event in this case. The investigation policies of the English authorities apply when the turnover of the acquired company exceeds 70 million pounds sterling.
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In recent years, the UK Competition and Markets Authority has been key in the technology industry. He made decisions such as canceling the purchase of Arm by Nvidia, however, he agreed with Microsoft’s $20 billion acquisition of Nuanceyes In other cases, such as the purchase of WhatsApp by Facebook a few years ago, it did not make much noise. Some companies have chosen to downsize their acquisitions in order to avoid regulatory concerns from the UK government.
Activision Blizzard is the company creator of games like “Call of Duty”, “World of Warcraft” and “Candy Crush”. This news of the UK investigation comes after the company has been able to overcome some controversies related to its labor practices and human relations.