UK Regulator Grants Preliminary Approval To Microsoft’s Activision Blizzard Acquisition
Last month, Microsoft submitted a new deal to the U.K.'s Competition and Markets Authority regulatory agency that proposes Ubisoft get the rights to Activision Blizzard game streaming for 15 years. Microsoft did this to get its acquisition of Activision Blizzard approved by the CMA after the regulator previously blocked it over cloud gaming concerns. One month later, the CMA has granted preliminary approval to Microsoft due to its new Ubisoft deal.
The CMA says it has "identified limited residual concerns with the new deal" but that Microsoft has put forward remedies (see: Ubisoft's role) that the CMA "has provisionally concluded should address these issues." The CMA is now consulting on those remedies before making a final official decision ahead of the October 18 deadline to do so.
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