Microsoft's Activision Blizzard Bid Faces UK Antitrust Probe
2 years, 5 months ago

Microsoft's Activision Blizzard Bid Faces UK Antitrust Probe

News 18  

LONDON: Microsoft's acquisition of game publisher Activision Blizzard faces antitrust scrutiny in the U.K., where competition regulators said Wednesday they've opened an initial inquiry into the $69 billion deal. The U.S. tech giant announced in January that it was buying Activision Blizzard in a deal that would make it a bigger video game company than Nintendo but raised questions about its anti-competitive effects. Microsoft makes the Xbox gaming system while Activision has created or acquired popular video games including Guitar Hero and the World of Warcraft franchise. The watchdog cleared Microsoft's $16 billion deal to buy speech recognition company Nuance but blocked Facebook's acquisition of the GIF-sharing platform Giphy and ordered the deal unwound, saying it hurt social media users and advertisers by stifling competition for animated images.

History of this topic

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