During the past six months, there have been a number of investigations in various countries to determine whether Microsoft’s planned acquisition of Activision Blizzard should be approved or not.
In the past, the UK’s CMA has been seen as the most difficult hurdle for the deal, but they are expected to approve the deal tomorrow within the pre-set deadline. Financial Times has commented on the various things that have happened in the industry and writes the following in his article:
“It is also a big week for Big Tech with quarterly results from Amazon, Alphabet, Meta and Microsoft. The latter will also have an eye on the UK, where on Wednesday the Competition and Markets Authority is due to finally rule on whether to block the technology company’s $69bn takeover of games maker Activision Blizzard, although this is likely to prove a damp squib as the CMA is expected to support it.”
This is of course not the same as the deal being approved, although the Financial Times usually has good sources.
