Microsoft's US$68.7 billion Activision deal referred for in-depth probe

Singapore News News

Microsoft's US$68.7 billion Activision deal referred for in-depth probe
Singapore Latest News,Singapore Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Britain's competition regulator said it will refer Microsoft US$68.7 billion acquisition of 'Call of Duty' maker Activision Blizzard for an in-depth investigation. The Competition and Markets Authority said the merger could reduce competition substantially in gaming consoles, multi-game subscription servic

Britain's competition regulator said it will refer Microsoft US$68.7 billion acquisition of"Call of Duty" maker Activision Blizzard for an in-depth investigation.

"Following our Phase 1 investigation, we are concerned that Microsoft could use its control over popular games like 'Call of Duty' and 'World of Warcraft' post-merger to harm rivals, including recent and future rivals in multi-game subscription services and cloud gaming," the CMA said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft's $68.7 billion Activision deal referred for in-depth probeMicrosoft's $68.7 billion Activision deal referred for in-depth probe:Britain's competition regulator said it will refer Microsoft Corp's $68.7 billion acquisition of 'Call of Duty' maker Activision Blizzard Inc for an in-depth investigation.The Competition and Markets Authority said the merger could reduce competition substantially in gaming consoles, multi-game subscription
Read more »

UK watchdog to further probe Microsoft's $68.7 billion Activision dealUK watchdog to further probe Microsoft's $68.7 billion Activision dealLONDON : Britain's competition regulator said Microsoft Corp's acquisition of 'Call of Duty' maker Activision Blizzard Inc may be expected to result in substantial lessening of competition.'Merger will be referred for an in-depth investigation unless the parties offer acceptable undertakings to address th
Read more »

August 2022 HDB BTO in-depth review: Woodlands (Woodlands South Plains)August 2022 HDB BTO in-depth review: Woodlands (Woodlands South Plains)If you want to live within walking distance of an MRT, keep your eyes peeled for the Woodlands BTO project in this August 2022 HDB BTO launch. Situated in the North of Singapore, Woodlands is the second most densely populated estate in Singapore after Jurong West, with a population of a whopping 242,500 residents spread across 68,153 flats. The units...
Read more »

NASA orders five more astronaut missions from Musk's SpaceX in US$1.4 billion dealNASA orders five more astronaut missions from Musk's SpaceX in US$1.4 billion dealWASHINGTON: SpaceX will launch five more astronaut missions to the International Space Station at the end of the decade for NASA under a US$1.4 billion contract order announced on Wednesday (Aug 31), the US space agency said, boosting the company's total contracted missions for its Crew Dragon astronaut capsule to 1
Read more »

Sri Lanka and IMF reach preliminary agreement on emergency loan: ReportSri Lanka and IMF reach preliminary agreement on emergency loan: ReportThe debt-laden island nation had sought up to US$3 billion from the global lender. Read more at straitstimes.com.
Read more »

Toyota Motor to invest $5.3 billion in Japan and US for EV battery supplyToyota Motor to invest $5.3 billion in Japan and US for EV battery supply:Toyota Motor Corp will invest up to 730 billion yen ($5.27 billion) in Japan and the United States towards supplying automotive batteries for battery electric vehicles, the Japanese automaker said on Wednesday. The firm aims to begin battery production between 2024 and 2026 with an investment intended to aug
Read more »



Render Time: 2025-04-01 02:00:07