New Zealand Delays Activision Blizzard Merger Decision To July 17

Expert Verified By

Another Delay From New Zealand!

Microsoft has seen a number of new approvals for the Activision Blizzard acquisition. The deal has recently been approved in countries like South Korea, China, and more. Major regulators like the European Commission have also approved the merger.

Following these decisions, New Zealand was expected to announce its stance on the $68.7 billion purchase today. However, New Zealand has postponed its decision, providing a new date of July 17.

Why it matters: Each new approval is a step in the right direction for Microsoft as the company faces stiff opposition from two regulators, the FTC, and the CMA.

New Zealand Activision Blizzard Merger Acquisition Decision Delayed July 17
Source: Commerce Commission

New Zealand will announce its decision in July, but this is not the first delay from the Commerce Commission. Previously, the country was expected to announce its verdict in April, but this was delayed to June.

This might suggest that New Zealand is carefully looking at the deal to ensure the best decision is made for the consumers. While most countries are now in favor of the deal, regulators like the CMA have made various arguments against the merger.

Following the CMA’s decision to block the deal, Microsoft is also considering options to go ahead with the acquisition, potentially looking to withdraw Activision games from the UK.

Nearly 40 countries are currently in favor of the deal, and New Zealand could soon join this list of growing supporters for Microsoft and Activision Blizzard. However, the regulator’s prolonged scrutiny could also mean an unfavorable outcome is just as likely.

Was our article helpful? 👨‍💻

Thank you! Please share your positive feedback. 🔋

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

Gear Up For Latest News

Get exclusive gaming & tech news before it drops. Sign up today!

Join Our Community

Still having issues? Join the Tech4Gamers Forum for expert help and community support!

Latest News

Join Our Community

104,000FansLike
32,122FollowersFollow

Trending

Fans Worried As Borderlands 4 Confirmed To Be Using Unreal Engine 5

Borderlands 4 project producer has confirmed in an interview that Borderlands 4 will use Unreal Engine 5. This tidbit has worried many fans.

Intergalactic Actress Praises Neil Druckmann; Calls Him Video Game God

Intergalactic actress, Tati Gabrielle says working with Neil Druckmann is a dream come true and that the director is a video game God.

Dragon Age: The Veilguard Director Blames “Hate Campaign” For RPG’s Failure

The director behind Dragon Age: The Veilguard recently addressed the wave of criticism coming the series' way after the latest entry.

PS5 Pro With PSSR Can’t Maintain 60 FPS In Space Marine 2

Sony's latest PS5 Pro is unable to maintain 60 FPS in Warhammer 40k: Space Marine 2, even with PSSR enabled.

Xbox Will Only Release Exclusives If It Doesn’t Have Resources For PS5 Port, Says Insider

Xbox has completely changed its strategy, pursuing exclusives only when a multiplatform release isn't feasible from the beginning.