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

Thank CTOnews.com netizens for the delivery of clues such as Rain and Snow, Hello _ Rabbit, Xiao Zhan cut, Daniel Wu in South China and Mr. Aviation! CTOnews.com, May 25 (Xinhua)-- Microsoft filed an appeal on Wednesday against the decision of the British antitrust regulator Competition and Market Administration (CMA) to block it from buying Activision Blizzard, the maker of call of Duty, for $69 billion (CTOnews.com Note: about 487.14 billion yuan), a Microsoft spokesman said.

Microsoft's acquisition of Activision Blizzard and King will cost nearly $69 billion, a record deal for the gaming industry. In April, CMA rejected the deal, saying it could hurt competition in emerging cloud gaming markets. The deal has been approved by most regulators, including Brazil, China and the European Union.

CMA's decision to block the deal sparked strong opposition from the two companies, and Microsoft said it had shaken confidence in the UK as a destination for technology companies. On Wednesday, Microsoft appealed to the Competition Court of Appeal (CAT). "We can confirm that we have appealed," said Robin Koch, Microsoft's director of public relations.

Earlier this month, the EU competition authority approved the deal after accepting remedies proposed by Microsoft that were roughly comparable to those it proposed in the UK. Microsoft also appealed against the Federal Trade Commission's action to block the deal, which it said would curb competition.

Microsoft said: "the acquisition of Activision Blizzard has now been approved in 37 countries, including 27 countries in the European Union and 10 other countries, including China, Japan and Brazil, covering more than 2 billion people. This acquisition, combined with our recent commitment to the European Commission, will enable global consumers to play more games on more devices."

Although Microsoft has been approved in all countries, it has not yet convinced the Competition and Markets Authority (CMA) in the UK and the Federal Trade Commission (FTC) in the United States.

Microsoft also recently got the green light from the EU regulator, but with some strings attached. EU regulators said the deal itself would not reduce competition in the console market, but could affect the cloud gaming sector in the coming years. " The European Commission has asked Microsoft to automatically license Activision Blizzard's popular games to rival cloud gaming services. This will apply globally and will enable millions of consumers around the world to play these games on any device they choose, "Microsoft President Brad Smith said in a statement." Microsoft has provided the solution by signing exclusive agreements with various cloud game platforms, providing the latter with royalty-free licenses for Activision games. Although CMA believes that this proposal will not solve the problem, the European Commission agrees that it will increase competition in the market.

Sony, Microsoft's only competitor in the console market, strongly opposed the deal, saying it planned to monopolize Activision games over Xbox and PC and damage the competitive nature of the market. Microsoft, on the other hand, claims that making games exclusive will only bring losses to the company. Microsoft tried to provide Sony with the same solution, but was rejected. FTC is still investigating the deal, and a hearing is scheduled for August 2. For the UK market, Microsoft plans to appeal the decision.

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