I have an encouraging update to share about our proposed acquisition of Activision Blizzard.
Today, the UK CMA provisionally concluded that the solutions we have offered to address its concerns about the impact of the acquisition on future competition in cloud game streaming are acceptable. This is a positive development and a welcome indicator that our hard work is bringing us closer to our goal.
Prior to making its final decision on whether to clear the transaction, the CMA is soliciting feedback from the industry and public. During this time, we will continue to work toward addressing any remaining concerns and earning approval to close.
We continue to work toward concluding this process by the October 18 deadline and will share more information as we get it. Thanks to everyone whose ongoing efforts have brought us to this point—your hard work and dedication is very much appreciated.
Phil
https://www.theverge.com/2023/9/22/23885176/microsofts-activision-blizzard-uk-cma-preliminary-approval