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CMA Issues Preliminary Approval of Restructured Activision Blizzard Sale to Microsoft
The United Kingdom's Competition and Markets Authority has issued a preliminary approval of the merger between Microsoft and Activision Blizzard, as they move into a consultation period and prepare to make a final decision. The CMA previously moved to block the deal last April, citing concerns that it would damage competition in the cloud gaming market, leading to less innovation and choice for UK gamers. In response, Microsoft restructured their proposal to divest cloud gaming rights of Activision Blizzard games to Ubisoft instead, who as an independent entity from Microsoft will replicate the role Activision would have played in the market as a standalone company.