Microsoft presented a fresh proposal regarding the acquisition of Activision Blizzard. This move comes as a response to the initial proposition being turned down by regulatory authorities in the United Kingdom. The new deal includes a series of compromises and accommodations.
The Competition and Markets Authority (CMA) of the United Kingdom will consider the new deal, with a final decision anticipated by October 18th.
This new deal entails certain modifications, particularly the prevention by Microsoft to acquire cloud-streaming privileges for Activision's games during the next 15 years. Rather, these rights will be allocated to French game publisher Ubisoft Entertainment. It is noteworthy that this specific condition will not be applicable within the European Economic Area.
Senior Market Specialist
Russell Shor joined FXCM in October 2017 as a Senior Market Specialist. He is a certified FMVA® and has an Honours Degree in Economics from the University of South Africa. Russell is a full member of the Society of Technical Analysts in the United Kingdom. With over 20 years of financial markets experience, his analysis is of a high standard and quality.