The South African Competition Commission has unconditionally approved Microsoft's $69 billion acquisition of Activision Blizzard.
Thanks to CTOnews.com netizens for hand-written delivery of previous leads! CTOnews.com April 17 news, South African regulator CCSA local time announced on Monday that it has approved Microsoft's $69 billion (CTOnews.com note: currently about 474.03 billion yuan) acquisition of Activision Blizzard.
CCSA said: "The committee found that the proposed transaction is unlikely to result in significant monopoly problems because both parties do not have the ability and incentive to prevent game distributors from selling, particularly Playstation and Switch." "In addition, the merging parties have committed to continuing to offer Call of Duty to other console manufacturers. "
To get the deal approved, Microsoft has embarked on a high-profile blitz, signing 10-year gaming deals with Nvidia, Nintendo and many others, as well as a similar deal with Steam parent Valve.
So far, Japan, Chile, Brazil, Serbia, Saudi Arabia and others have approved the deal. Countries around the world will then decide on the final outcome of the acquisition, such as the UK and the European Commission, which will make decisions on the deal by April 26 and May 22 respectively.
Sony, of course, remains strongly opposed to the acquisition, telling regulators that Microsoft will use the acquisition to raise console prices and deliberately discriminate against the PlayStation version of Call of Duty.