In January it was announced that Microsoft had initiated the acquisition of Activision Blizzard for the price of 68.7 billion dollars. This process, being a purchase of such magnitude, must be subject to review to determine if Microsoft complies with antitrust regulations. The company in charge Xbox it said at the outset of the purchase that it expected to close the sale in the first half of 2023, subject to closing conditions and the completion of a regulatory review.
The US Federal Trade Commission is conducting an antitrust review of the deal to determine whether the acquisition would give Xbox an unfair competitive advantage. In a new interview with Belgian business publication L’Echo, Smith said competition regulators in Europe and the UK have also asked Microsoft about the transaction.
Also hinted that the acquisition of Activision Blizzard is moving fast and is currently in the middle of the process.
Activision Blizzard acquisition moving fast according to Microsoft
Upon completion of the merger of Activision Blizzard with Xbox, the latter would have exclusivities such as Call of Duty, Overwatch, Crash Bandicoot and more emblematic titles. Nevertheless, Microsoft has said that they will continue to release Activision Blizzard titles on other platforms. like PlayStation and Nintendo.