For over a year now, the ongoing discussion surrounding Microsoft’s Xbox has been about the ongoing acquisition for Activision Blizzard. While already a pretty satisfying victory for Zenimax Media/Bethesda th year prior, the Xbox firm decided to jump for the Call of Duty giant for $69 billion. However, it was in late March that the U.K. Competition and Markets Authority (CMA) decided to block the ongoing pursuit.
However, Microsoft in certainty to continue this venture still steers ahead with established arrangements regarding Activision Blizzard. For starters, the Diablo IV Xbox Series X|S bundle is still planned to roll out in June. Additionally, Boosteroid & NVIDIA GeForce Now projects are also in the pipeline as well regardless of the purchase being rejected by the regulator.
From a new Interim Order from the CMA, it now reveals that the regulator has added further restrictions to the deal. Essentially walling the acquisition unless the new additional requirements are met to suit the regulator’s liking. You can read the segment of the document in the image below:
“Each of Microsoft and Activision shall procure that each of their Subsidiaries complies with this Order. If Microsoft or Activision has any reason to suspect that this Order might have been breached it shall immediately notify the CMA,” the document continues by reading. “Microsoft and Activision shall comply in so far as they are able with such directions as the CMA may from time to time give to take such steps as may be specified or described in the directions for the purpose of carrying out or securing compliance with this Order.”
“The CMA may give directions to a specified person or to a holder of a specified office in any body of persons (corporate or unincorporated) to take specified steps for the purpose of carrying out, or ensuring compliance with, this Order, or do or refrain from doing any specified action in order to ensure compliance with the Order. The CMA may vary or revoke any directions so given.”
“This Order shall be governed and construed in all respects in accordance with English law. Any dispute arising concerning this Order shall be subject to the jurisdiction of the courts of England and Wales. Any contractual obligations arising out of or in connection with this Order shall be governed and construed in all respects in accordance with English law.”
What are your thoughts on the new move from the U.K. CMA?