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

Beijing time on the evening of September 1, it is reported that Activision Blizzard CEO Bobby Cortico (Bobby Kotick) said today that it still believes that Microsoft's acquisition of Activision Blizzard can be completed by June next year.

Earlier today, the Competition and Market Authority (CMA), the UK's antitrust regulator, announced that a preliminary investigation found that Microsoft's acquisition of Activision Blizzard could significantly weaken competition in video game consoles, game subscription services and cloud gaming services. If the two companies fail to provide an acceptable commitment to address these competitive issues by September 8, CMA will conduct a further investigation into the deal.

Brad Smith, president and vice-chairman of Microsoft, responded: "We are ready to take the next step with CMA and address any of its concerns." Mr Smith added: "Sony, the industry leader, has previously expressed concern about call of Duty (Call of Duty). But we have said that we are committed to launching the same games on Xbox and PlayStation on the same day."

At the same time, Microsoft said in a statement that it will expand consumers' choices in two ways: to provide players with subscription options by creating game passes, and to introduce more games to mobile platforms, including cloud game streaming technology. Microsoft also said it would provide Activision Blizzard's favorite game libraries in Game Pass, including Watchman, Diablo and call of Duty, and develop these game communities.

In addition, Activision Blizzard CEO Kotick said he still believes the deal will be completed by June 2023. "as we said at the beginning, it's a long process," Kotick said. given the need for multinational regulatory approval, we still believe that the deal is most likely to be completed in Microsoft's fiscal year 2023 (starting in July 2022 and June 2023). So far, we have received approvals from several countries. and all regulatory processes are going according to our expectations. "

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