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After the recent approval by the FTC of South Korea, the last hurdle that remains to be saved for the purchase of Activision Blizzard by Microsoft is the New Zealand competition agency, which already delayed its decision last April. Now, with yet another approval in his pocket, and with a CMA on the ropes, the only pothole on the horizon is new zealandwhich must give a final decision before Microsoft and Activision meet with the FTC.
As you already know, in addition to the CMA, the FTC is a clear rival to the interests of Activision and Microsoftwho have already been reprimanded by the US government due to the fierce opposition that Lina Khan he was demonstrating against the process. In addition, the agency erroneously used the standard for consumer welfare, which focuses on the impact of business practices and not on the impact on market competition.
New Zealand, last hurdle before the FTC in the purchase of Activision Blizzard
Thus, New Zealand is the next stop on the purchase decision tour, which, if it continues with the trend in other countries, apart from the United Kingdom, should be approved sooner rather than later. In that case, would join countries like Japan, Brazil, South Africa or the European Union itself. And it is that you have to take into account all the aspects that must be reviewed for this type of operation and that each country has its own laws, so we can always expect any turn of events.
Microsoft May Complete Activision Purchase Right Now Without FTC Approval
we are xbox.com
Just We have to wait until June 9 to finally know New Zealand’s final decision about the purchase of Activision Blizzard on behalf of Microsoft, and whether or not it is in favor of the deal closing, further leaving the CMA alone in its decision to block the deal and making it even more difficult to defend the FTC’s refusal to buy In U.S.A. Be that as it may, we will be awaiting the official statement from New Zealand and the repercussions it may have.