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Regulatory Body

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UK's CMA to Prolong Microsoft Activision Deal, Causing Delays
business2 years ago

UK's CMA to Prolong Microsoft Activision Deal, Causing Delays

The Microsoft Activision deal, which was expected to close this week, has been delayed due to the UK's Competition and Markets Authority (CMA) raising concerns about cloud-based issues. The deadline has now been extended to October 18, giving Microsoft time to address the CMA's concerns. Despite the delay, the deal is expected to proceed, as other regulatory bodies have not raised significant objections. The extension is a precautionary measure, and the deal may close sooner if a compromise is reached with the CMA.