The CMA grants consent for Microsoft to acquire Activision Blizzard, Inc.
19 Oct 2023
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On 13th October, the Competition and Markets Authority (CMA) granted consent for Microsoft Corporation to acquire Activision Blizzard, Inc., excluding Activision’s non-EEA cloud streaming rights.
The decision, which enables the US$68.7 billion acquisition by Microsoft to proceed, follows the CMA’s investigation and original decision to block the transaction in April 2023.
The decision may be viewed here.
Lord Pannick KC, Brian Kennelly KC and Jason Pobjoy, with Lord Grabiner KC, Sonia Tolaney KC and Douglas Paine of One Essex Court, acted for Activision, instructed by Slaughter and May.
