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04-18-2023, 01:10 PM
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Another box checked for MSSouth Africa looks set to be the latest territory to offer its approval in Microsoft's proposed acquisition of Activision Blizzard. The South African Competition Commission has approved the deal without conditions, joining nations such as Brazil, Japan, and Saudi Arabia in backing the deal.
Unsurprisingly, the Competition Commission's investigation focused primarily on the fate of Activision franchise Call of Duty, and whether or not the industry would be severely hampered by the possibility of the billion-dollar military shooter becoming an Xbox exclusive. The Commission was ultimately satisfied with Microsoft's intent to approach its competitors with deals (https://www.destructoid.com/microsoft-nintendo-sign-10-year-call-of-duty-deal-activision-blizzard/) pertaining to Call of Duty, and thus offered its approval to the $68.7 billion USD sale.
Of course, there are still many hurdles to clear before Microsoft can pop the champagne corks. The publisher still has to win the favor of other major markets, including Europe and the United Kingdom, and will then face its biggest challenge in the form of the United States Federal Trade Commission (FTC) which has gone as far as to file suit (https://www.destructoid.com/ftc-microsoft-activision-blizzard-deal-sue-block-news-industry/) in order to prevent the Activision Blizzard sale (https://www.destructoid.com/ftc-microsoft-impasse-activision-blizzard-purchase-no-substantive-talks/) from taking place. The case is set to go to court this summer. The option to appeal will also be available to the losing side, suggesting that this ongoing situation is still far from reaching closure.
South Africa to approve Microsoft's acquisition of Activision Blizzard (https://www.gamesindustry.biz/south-africa-to-approve-microsofts-acquisition-of-activision-blizzard) [GamesIndustry.biz]
The post South Africa set to approve Microsoft’s acquisition of Activision Blizzard (https://www.destructoid.com/south-africa-set-to-approve-microsofts-acquisition-of-activision-blizzard/) appeared first on Destructoid (https://www.destructoid.com).
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Another box checked for MSSouth Africa looks set to be the latest territory to offer its approval in Microsoft's proposed acquisition of Activision Blizzard. The South African Competition Commission has approved the deal without conditions, joining nations such as Brazil, Japan, and Saudi Arabia in backing the deal.
Unsurprisingly, the Competition Commission's investigation focused primarily on the fate of Activision franchise Call of Duty, and whether or not the industry would be severely hampered by the possibility of the billion-dollar military shooter becoming an Xbox exclusive. The Commission was ultimately satisfied with Microsoft's intent to approach its competitors with deals (https://www.destructoid.com/microsoft-nintendo-sign-10-year-call-of-duty-deal-activision-blizzard/) pertaining to Call of Duty, and thus offered its approval to the $68.7 billion USD sale.
Of course, there are still many hurdles to clear before Microsoft can pop the champagne corks. The publisher still has to win the favor of other major markets, including Europe and the United Kingdom, and will then face its biggest challenge in the form of the United States Federal Trade Commission (FTC) which has gone as far as to file suit (https://www.destructoid.com/ftc-microsoft-activision-blizzard-deal-sue-block-news-industry/) in order to prevent the Activision Blizzard sale (https://www.destructoid.com/ftc-microsoft-impasse-activision-blizzard-purchase-no-substantive-talks/) from taking place. The case is set to go to court this summer. The option to appeal will also be available to the losing side, suggesting that this ongoing situation is still far from reaching closure.
South Africa to approve Microsoft's acquisition of Activision Blizzard (https://www.gamesindustry.biz/south-africa-to-approve-microsofts-acquisition-of-activision-blizzard) [GamesIndustry.biz]
The post South Africa set to approve Microsoft’s acquisition of Activision Blizzard (https://www.destructoid.com/south-africa-set-to-approve-microsofts-acquisition-of-activision-blizzard/) appeared first on Destructoid (https://www.destructoid.com).
More...