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2025-02-23 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >
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Shulou(Shulou.com)11/24 Report--
Thanks to CTOnews.com netizens Rache, SpPYyYy, South China Wu Yanzu and Xiao Zhancao for the clue delivery! CTOnews.com, July 12 (Xinhua)-- Britain is also ready to negotiate after a US court rejected FTC's request and agreed to Microsoft's $69 billion deal to buy Activision Blizzard (CTOnews.com Note: about RMB 498.87 billion).
According to Microsoft President Brad Smith's statement, CMA has now agreed to negotiate with Microsoft to acquire Activision Blizzard. Microsoft said it would try its best to allay the concerns of regulators to allay the concerns of the UK Market Surveillance Office in order to complete the acquisition of Activision Blizzard.
While we do not share CMA's concerns, we are considering how to modify the transaction to address these issues in a manner acceptable to CMA.
In order to give priority to these tasks, Microsoft and Activision have agreed with CMA that it is in the public interest to suspend litigation in the UK, and the two sides have jointly submitted a submission to the Competition Appeals Court to this end.
Judging from the previous claims of both sides, Microsoft is expected to give some preferential treatment to British players in cloud games.
According to the current situation, Microsoft should also soon reach a consensus with the British Market Regulatory Authority and get approval for the Activision Blizzard acquisition.
The Verge has confirmed with the UK Competition Commission that they are "prepared to consider any proposal from Microsoft to restructure the deal to address the issues raised in our final report".
At the end of April, CMA in the UK issued an announcement blocking the deal with "this could endanger the emerging cloud gaming market". Subsequently, the European Commission announced approval of the deal in May, arguing that Microsoft had made enough concessions in cloud games.
In fact, Microsoft has already reached several agreements with a number of cloud game service providers around the world, promising to provide them with games (including Activision Blizzard games) for at least 10 years.
As far as Microsoft is concerned, they must want to try to push forward the deal before the current merger agreement expires on July 18. If the extension is not agreed after that, Activision Blizzard may charge a handling fee of $3 billion (currently about 21.69 billion yuan).
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