Microsoft President Now Finds UK’s CMA Was “Tough but Fair” Regarding the Activision Blizzard Deal
While Microsoft has now officially acquired Activision Blizzard, the company had to restructure the deal to win the approval of the UK's Competition and Markets Authority regulator, which originally found the deal concerning for a variety of reasons. Microsoft's president, Brad Smith, wasn't happy about the original verdict, meeting it with some harsh words, but it seems like things have changed since, now that the deal has finally gone through.
Speaking during BBC's Radio 4 Today program, as reported by The Verge, Brad Smith commented on the UK's regulator, saying that, while he wouldn't step back from all the concerns he raised in the past, he would word them differently. As such, he feels that the CMA held to a tough standard, and its verdict was tough and fair. Ultimately, Microsoft had to give up cloud gaming rights in the UK to get its acquisition of Activision Blizzard approved by the CMA.
Approval from the CMA was the last hurdle to overcome for Microsoft to acquire Activision Blizzard. The deal, which was officially closed last October, was celebrated with a message from Phil Spencer, welcoming the new studios into the fold.
For the millions of fans who love Activision, Blizzard, and King games, we want you to know that today is a good day to play. You are the heart and soul of these franchises, and we are honored to have you as part of our community. Whether you play on Xbox, PlayStation, Nintendo, PC or mobile, you are welcome here – and will remain welcome, even if Xbox isn’t where you play your favorite franchise.
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