Saturday, August 20, 2022
  • Login
CEO North America
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
CEO North America
No Result
View All Result

Microsoft’s $68.7 Billion Deal for Activision Faces Probe in the U.K.

in News
Microsoft’s $68. 7 billion deal for activision faces probe in the u. K.
Share on FacebookShare on Twitter

An investigation into Microsoft’s $68.7 billion deal to buy game developer Activision Blizzard has started in the U.K.

On Wednesday, the Competition and Markets Authority (CMA) said it had until Sept. 1 to make its phase 1 decision on whether the deal between the software giant and the video-game maker would affect competition.

In a statement, Britain’s antitrust watchdog said it was concerned that the deal might have an impact on “higher prices, lower quality or reduced choice”.

Sept. 1 is the regulator’s deadline for its initial decision. The phase 1 investigation will either clear the deal or move to a more phase 2 probe.

Last January, Microsoft announced the purchasing of Activision, the biggest gaming industry deal in history and the largest all-cash acquisition on record. The move was part of Microsoft’s effort to focus into the metaverse platforms.

Lisa Tanzi, Microsoft’s corporate vice president, said scrutiny was expected and that the company would “fully cooperate” with the CMA. “We remain confident the deal will close in fiscal year 2023 as initially anticipated,” Tanzi said.

Call of Duty, Candy Crush and Warcraft are among the top selling franchises that include the deal. Microsoft’s Xbox division is one of the largest game console manufacturers, competing with giants Sony and Nintendo.

Tags: Activision BlizzardCompetition and Markets AuthorityMicrosoft

Related Posts

Gm sales drop 15% as unfinished cars hit quarterly results
News

GM restores quarterly dividend after more than two years

Foot locker names mary dillon as next ceo, dick johnson to retire
News

Foot Locker names Mary Dillon as next CEO, Dick Johnson to retire

Bed bath & beyond replaces ceo mark tritton
News

Bed Bath & Beyond shares sink 40% after Ryan Cohen completes sale

Amazon accuses ftc of harassing jeff bezos and ceo andy jassy
News

Amazon accuses FTC of harassing Jeff Bezos and CEO Andy Jassy

U. S. Existing homes sales fell 3. 4% in may
News

U.S. existing home sales fall for sixth straight month

U. S. Streaming overtakes cable tv viewing for the first time
News

U.S. streaming overtakes cable TV viewing for the first time

Retail apocalypse: four ways physical stores can survive
News

Retail sales flat in July amid fall in gas prices

Elon musk tweets he’s buying manchester united, then calls it a joke
News

Elon Musk tweets he’s buying Manchester United, then calls it a joke

Target profit plunges 90% as it sells off unwanted inventory
News

Target profit plunges 90% as it sells off unwanted inventory

American airlines buys 20 boom planes, bets on supersonic travel
News

American Airlines buys 20 Boom planes, bets on supersonic travel

No Result
View All Result

Recent Posts

  • Embracing a Digital Approach / Harvard Business School
  • Why reporting workplace well-being metrics is a good idea
  • GM restores quarterly dividend after more than two years
  • Foot Locker names Mary Dillon as next CEO, Dick Johnson to retire
  • Bed Bath & Beyond shares sink 40% after Ryan Cohen completes sale

Recent Comments

    Archives

    Categories

    • Art & Culture
    • Business
    • CEO Interviews
    • CEO Life
    • Editor´s Choice
    • Entrepreneur
    • Environment
    • Food
    • Health
    • Highlights
    • Industry
    • Innovation
    • Issues
    • Management & Leadership
    • Multimedia
    • News
    • Opinion
    • PrimeZone
    • Printed Version
    • Travel
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    CEO Latin America | ES

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials – george.hatfield@ceo-na.com
    Editor-in-Chief - paul.imison@ceo-na.com
    Advertising – media@ceo-na.com

    AUSTIN

    600, Congress Avenue
    14th Floor
    Austin, TX.
    78701
    USA
    +1 512 649 0340

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

    CEO Latin America | ES

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials –
    george.hatfield@ceo-na.com
    Editor-in-Chief -
    paul.imison@ceo-na.com
    Advertising –
    media@ceo-na.com

    AUSTIN

    600, Congress Avenue
    14th Floor
    Austin, TX.
    78701
    USA
    +1 512 649 0340

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

    CEO North America © 2022 - Sitemap

    No Result
    View All Result
    • Home
    • Business
      • Entrepreneur
      • Industry
      • Innovation
      • Management & Leadership
    • CEO Interviews
    • CEO Life
      • Art & Culture
      • Food
      • Health
      • Travel
      • Environment
    • Opinion
    • News
    • Multimedia

    © 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?