Last month, Microsoft said it signed a 'binding 10-year legal agreement' to bring Call of Duty to Nintendo players on the same day as Microsoft's Xbox, 'with full feature and content parity.'Īdditionally, Microsoft signed a deal with Nvidia to bring its Xbox games to Nvidia's GeForce Now cloud gaming service. One of the major concerns from Microsoft's competitors was that the transaction would block distribution access to Activision's crown jewel franchise - Call of Duty. technology giant has also won support from some companies that were against the deal, or sitting on the fence. The CMA announcement comes after the U.S.

Microsoft's stock declined slightly amid a broad market slump. Shares of Activision Blizzard were up more than 5% in morning trading in the U.S., after earlier surging more than 7% to a new 52-week high.

Our investigation remains on course for completion by the end of April.' 'Our provisional view that this deal raises concerns in the cloud gaming market is not affected by today's announcement. 'Having considered the additional evidence provided, we have now provisionally concluded that the merger will not result in a substantial lessening of competition in console gaming services because the cost to Microsoft of withholding Call of Duty from PlayStation would outweigh any gains from taking such action,' Martin Coleman, chair of the independent panel of experts conducting the CMA investigation, said in a statement Friday. With this new evidence, the CMA now says it no longer believes the transaction will hamper competition in console games. Since then, the regulator has received a 'significant amount' of feedback from various industry participants on the deal. Among its concerns, the regulator flagged that the deal would cause a substantial lessening of competition in the console gaming market. In February, the CMA published provisional findings from its probe into the takeover, stating at the time that the transaction may result in higher prices, fewer choices and less innovation. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit

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