Uncategorized

Rumor: China refuses to agree to Microsoft Activision deal.

Advertisement

Some reports say that the Chinese anti-monopoly authority has rejected a request submitted by Microsoft to study Activision's acquisition request.

China's State Administration for Market Regulation (SAMR) also rejected the request, according to some traders who cited two separate reports circulated on Friday.

This comes at a time when several international antitrust institutions have begun studying the deal, worth nearly US$14T70 billion. Although the deal is facing some obstacles, as the European Antimonopoly Authority has taken the decision to move the analysis process of the deal to the next phase, which raises some doubts on the decision to approve it.

Furthermore, this comes at a time when Activision Blizzard is attempting to terminate all licensing agreements to publish its games in China due to the expiration of licenses with Chinese company NetEase.

mention that Phil Spencer Through one of the recent meetings, he confirmed that the Call of Duty game will continue to exist on PlayStation devices as long as it is present. Despite this, however, the European and British Antitrust Authority still does not trust Microsoft's statements about the future of the game on current and future Sony platforms and is still conducting some in-depth investigations.

For his part, he said Bobby Kotick Activision's CEO is confident that Microsoft's acquisition of Activision Blizzard will close as planned in June.

So far, the deal, considered the largest in the history of the video game industry, has received approval from two parties, the Kingdom of Saudi Arabia and Brazil.