Microsoft CEO is confident that Xbox Activision Blizzard deal will go through as scrutiny moved to phase 2

sportskeeda.com:

Speaking about the Xbox-Activision Blizzard deal, Microsoft's Chief Executive Officer Satya Nadella recently stated that he was "very, very confident" that the massive deal would come through properly. His assertion comes shortly after the UK's Competition and Markets Authority announced earlier this month that they were doing a more in-depth review of the deal.

Microsoft's announcement back in January 2022 that they were acquiring Activision Blizzard, the company responsible for popular games like Call of Duty and World of Warcraft for around $69 billion marked the biggest such deal in the gaming industry. The deal's prominent nature ensures that it will undergo a number of scrutiny checks and investigations in different countries to determine if it will actually go through.

While some market specialists have doubted whether the Xbox Activision Blizzard deal will ever come to fruition, Nadella's optimism will surely buoy the spirits of those eagerly waiting for it.

Speaking to Bloomberg, Satya Nadella acknowledged that a deal of this magnitude will attract scrutiny and investigations from regulatory bodies to determine whether it hampers competition, but that they were confident that it would go through.

Nadella pointed out that Sony is the #1 player that has recently made a number of acquisitions in the video game industry, with Microsoft being at either #4 or #5. He welcomed the competition by stating:

The highly publicized deal has drawn comments from various companies, with Sony noting the monopoly that will come with the deal as there is a chance that the Call of Duty franchise will be made exclusive to Xbox consoles. In a report submitted last month to the Brazilian government, Microsoft point-by-point denied such