CMA says Microsoft can table a restructured takeover offer for Activision
By Alexander Bueso
Date: Thursday 13 Jul 2023
(Sharecast News) - The Competition and Markets Authority opened the door to a possible approval of Microsoft's takeover of videogame maker Activision Blizzard.
Having blocked the deal last April, on Wednesday the UK regulator said it was open to a restructuring of the transaction that addressed its concerns.
Regulators said the purchase of Activision and its games catalogue could hurt competition.
They also dismissed a proposal by which Microsoft would make some game titles to other platforms.
However, CMA said the US outfit had the option to table a restructured deal.
That would initiate another review.
Some observers believed that the CMA was implicitly signalling that a revised deal might indeed get its approval.
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