UK's CMA Open to New Microsoft-Activision Probe After U-Turn

UK's CMA Open to New Microsoft-Activision Probe After U-Turn

The Competition and Markets Authority (CMA) in the United Kingdom has said that it is open to a new investigation into the proposed acquisition of Activision Blizzard by Microsoft. This comes after the CMA initially blocked the deal in April, citing concerns that it would stifle competition in the cloud gaming market. Microsoft has since offered to sell some of Activision Blizzard's assets, including the Call of Duty franchise, in an attempt to address the CMA's concerns. The company has also said that it is willing to make other concessions, such as giving rivals access to its technology. The CMA has said that it will consider these proposals as part of a new investigation. If the CMA is satisfied that the deal will not harm competition, it could approve the acquisition. However, if the CMA remains concerned, it could block the deal again or impose conditions on it. The CMA's decision to open a new investigation is a significant development in the Microsoft-Activision saga. …