Shulou(Shulou.com)11/24 Report--

Thank you for the handwritten clues delivered by CTOnews.com netizens! CTOnews.com May 16, Microsoft's $69 billion acquisition of Activision Blizzard has been approved by EU regulators. But UK regulators blocked the acquisition just a few weeks ago.

The European Commission believes that the deal can be approved because of Microsoft's commitment to cloud games. This is completely contrary to the attitude of the British CMA.

CMA, the UK competition regulator, issued a strongly worded rebuttal to the European Commission's approval of Microsoft's proposal to buy Activision Blizzard, saying it would stick to its decision.

Sarah Cardell, head of the CMA, said: it was wrong for the European Commission to approve the deal. "while we acknowledge and respect the right of the European Commission to take a different point of view, CMA adheres to its decision."

Competition authorities in the UK, the US and Europe agree that the acquisition will hurt competition in cloud gaming. CMA concluded that cloud gaming needs to continue as a free, competitive market to promote innovation and choice in this fast-growing industry. Microsoft's proposal was accepted by the European Commission today and will allow Microsoft to set terms and conditions for this market over the next decade.

In contrast to the tough opposition of CMA, the EU allows Microsoft to set the terms and conditions of the market over the next 10 years. CMA believes that they will replace free, open and competitive markets with a market that is continuously regulated by Microsoft's sales of games, game sales platforms and sales conditions. "this is one of the reasons why CMA's independent panel rejected Microsoft's proposal and blocked the deal. While we acknowledge and respect the right of the European Commission to take a different point of view, CMA adheres to its decision."

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