South Korea‘s antitrust regulator stated on Thursday it has began to evaluation the proposed deal by US software program big Microsoft to purchase main sport developer Activision Blizzard.
The Honest Commerce Fee (FTC) stated it plans to see if the merger of the 2 US corporations may damage competitors within the on-line sport market, studies Yonhap information company.
In January, Microsoft introduced a plan to amass Activision Blizzard for $68.7 billion, and it requested the FTC final week to evaluation its proposed takeover for approval.
The US competitors watchdog can be reportedly reviewing Microsoft’s acquisition of Name of Responsibility (CoD) maker gaming firm Activision Blizzard.
Microsoft’s acquisition of online game maker Activision Blizzard is one more play by the tech big to safe its stake within the nascent Metaverse and convey extra mental property (IP) beneath the Xbox and Sport Move umbrella.
When the transaction closes, Microsoft will develop into the world’s third-largest gaming firm by income, behind Tencent and Sony.
Following on the 2014 acquisitions of Mojang (makers of Minecraft) and 2021 acquisition of ZeniMax Media/Bethesda (makers of Doom, Elder Scrolls, and Fallout), Activision Blizzard brings IP like Name of Responsibility, World of Warcraft, and Sweet Crush to Microsoft’s portfolio.
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