Chile Approves Microsoft Activision Merger In Phase 1

Another Greenlight For Microsoft!

Microsoft’s acquisition of Activision Blizzard is currently under global scrutiny due to the competition imbalance it might cause if this deal gets through, that is, the viewpoint of Xbox competitors and organizations, including Google, Sony, and the Federal Trade Commission (FTC). 

FTC has recently filed a court case against Microsoft to block the Microsoft-Activision merger, but Microsoft believes that FTC’s approach to this deal is unconstitutional

Until now, the $68.7 Billion deal was approved by regulatory bodies of Saudi Arabia, Brazil, and Serbia. Chile has also joined the list of countries that have approved this merger. 

Microsoft Activision Blizzard

Today Chilean competition authority FNE has unconditionally approved Microsoft’s acquisition of Activision Blizzard in Phase 1. The following is a statement released by FNE based on which they have authorized this deal;

These companies carry out activities in the same segments: development, publication and distribution of video games; and on different levels, with Microsoft producing the Xbox console and other video game platforms, such as GamePass, whereby their activities overlap both horizontally and vertically.

The Prosecutor’s Office considered that the operation was not suitable to substantially reduce competition considering, among other evidence, patterns and preferences of video game consumers in Chile.

In October, it was confirmed that Chile is also among the countries investigating this deal. Their initial statement was that they have no problem with this transaction, like Brazil, which was among the first countries to approve this deal. 

Undoubtedly, this is a relief for Microsoft, considering the legal trouble it is currently facing due to this deal. Other countries still investigating this merger thoroughly are Japan, Australia, the United States, the United Kingdom, and China. 

The UK’s competition authority CMA has recently entered the second investigation phase to examine the acquisition more closely to ensure that this deal does not cause any competitive advantages to Microsoft if it gets approved. 

While the EU regulators are conducting a detailed survey of the impact of Microsoft’s acquisition of Activision Blizzard and what would be the aftermath of this deal in the gaming industry.

Nevertheless, this acquisition will be remembered as the most expensive in gaming and the most controversial one. However, when it looks like things are going in favor of Microsoft, another legal case or authority is waiting for it to become a hurdle in this deal. 

It will be interesting to see how the approval from Chile will help Microsoft strengthen its case. What are your thoughts about this news? Let us know in the comment section below.

Check Out More News: Horizon Forbidden West Has Failed To Win A Single Game of The Year Award

Was our article helpful? 👨‍💻

Thank you! Please share your positive feedback. 🔋

How could we improve this post? Please Help us. 😔

Abdullah Amin
Abdullah Amin
A gamer with a passion for gaming news and leaks who is eager to share what's happening in the industry.

Latest News

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Follow Us

83,972FansLike
32,122FollowersFollow

Trending

Spider-Man 2 To Feature 2x The Map Size Compared To Original

Marve's Spider-Man 2 adds Queen and Brooklyn, making the map twice as large compared to the previous Spider-Man game.

Redfall Has Less Concurrent Players Than Forspoken On Steam

Both Forspoken and Redfall are far from a successful release, but the former has surpassed Redfall's concurrent player count on Steam.

EA Adjusts Microtransaction Prices Leading To Higher Costs In Various Regions

Following global economic fluctuations, EA has increased the prices of live service content in NHL in some regions.

Cyberpunk 2077 Phantom Liberty Reportedly Releasing In August

Cyberpunk 2077 Phantom Liberty will be featured at the Summer Game Fest, and now a report claims it will be released in August.

Street Fighter 6 Launches To Over 65K Concurrent Steam Users

Street Fighter 6 has left recent fighting games in the dust, reaching over 65K concurrent players on Steam within 24 hours.