The UK Competition and Markets Authority (CMA)'s latest report warns that the Microsoft-Activision acquisition might not be the match made in heaven that it's made out to be. Despite the CMA's provisional report suggesting serious concessions--such as selling off the Call of Duty business--could be necessary to get the deal done, Activision Blizzard is still remaining positive.
In a statement to Rock Paper Shotgun, an Activision spokesperson said that the company hopes it can "help the CMA better understand our industry" and that the deal would "promote an environment where people can be confident they are getting great choices and fair deals."
CEO Bobby Kotick also sent an internal email to employees following the CMA report. "We are also confident that the law--and the facts – are on our side," Kotick wrote. "In this case, our combined companies will bring more competition to an already crowded field of world-class gaming competitors, including Sony, Tencent, NetEase, Apple, Amazon, and Facebook." In short, the acquisition could help both Activision Blizzard and Microsoft reach new heights and drive competition between other major companies in the tech and gaming industries. Or, at least, that's what he proposes.
Continue Reading at GameSpot https://ift.tt/mIRJbojfrom GameSpot - All News https://ift.tt/v7XMTOD