REG - Competition and Mkts - Merger Update: Microsoft / Activision Blizzard

Activision BlizzardAnnouncement

15/09/2022 13:15

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RNS Number : 4858Z  Competition and Markets Authority  15 September 2022

Merger reference decision announced:

 

On 1 September 2022, the CMA decided, on the information currently available
to it, that is it or may be the case that the following Merger may be expected
to result in a substantial lessening of competition within a market or markets
in the United Kingdom.

 

Anticipated Acquisition by Microsoft Corporation of Activision Blizzard, Inc.

 

Pursuant to section 73A(1) of the Act, the Parties had until 8 September 2022
to offer an undertaking that may be accepted by the CMA under section 73(2) of
the Enterprise Act 2004 (the Act). On 6 September 2022, Microsoft informed the
CMA that it would not be offering any undertakings. The CMA has therefore
decided to refer this Merger for a phase 2 investigation pursuant to section
33(1) and 34ZA(2) of the Act.

 

The full text of this decision will be placed on the Competition and Markets
Authority's website at www.gov.uk/CMA (http://www.gov.uk/CMA) -cases as soon
as is reasonably practicable.

 

In the event of media enquiries please email Press@cma.gov.uk.
(mailto:Press@cma.gsi.gov.uk)

 

 

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