The State Administration of Market Supervision unconditionally approves Microsoft's acquisition of Activision Blizzard's stake.
Thanks to CTOnews.com netizens for the handwritten clues delivered in the past, rain and snow! CTOnews.com May 30 news, the State Administration of Market Supervision released a list of unconditional approval of operator concentration cases from May 15 to May 21, and approved Microsoft's acquisition of Activision Blizzard's equity case, which was concluded on May 18.
CTOnews.com previously reported that the Korea Fair Trade Commission reviewed Microsoft's acquisition of Activision Blizzard and believed that there was no real risk of restricting competition in the Korean game market, so it approved the merger unconditionally. The review results show that the games developed and issued by Microsoft and Activision Blizzard in South Korea account for only 2% and 6% of the total market share, without limiting the ability of their competitors.
In addition, Microsoft recently obtained a royalty-free license from the European Union (EU) regulator, but needs to sign exclusive agreements with various cloud gaming platforms. Sony, Microsoft's rival, strongly opposes the deal, arguing that Microsoft's plan to monopolize Activision games over Xbox and PC will damage the competitive nature of the market. Microsoft says making games exclusive will only bring losses to the company.
Microsoft's acquisition of Activision Blizzard has been approved in more than 30 countries, including 27 EU countries and 10 other countries, including China, Japan and Brazil, covering more than 2 billion people.