Microsoft's Activision Blizzard acquisition edges closer as CMA states deal "will not result in a substantial lessening of competition"
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The UK’s Competition and Markets Authority (CMA) has concluded that Microsoft would not have the incentive to keep Call of Duty off competing consoles such as PlayStation should the Activision Blizzard merger go through.
In an addendum released today, the CMA also provisionally concluded the acquisition of Activision Blizzard would not result in a substantial lessening of competition in the market.
According to the preliminary decision today, the CMA believes that the cost of Microsoft keeping Call of Duty off PlayStation would outweigh any gains from such action. Furthermore, should the company decide to make the franchise exclusive to its consoles, the strategy would only degrade PlayStation’s offering to “some extent.” It would, however, not materially affect the company’s ability to compete.
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