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The purchase of Activision Blizzard continues to advance in many territories, despite the refusal of the CMA, the highest competition body in the United Kingdom, to give the green light to the operation. After receiving the go-ahead from the European Commission and the Chinese competition agency, now the acquisition is once again the subject of good news for the interests of Activision and Microsoft.
As we have been able to know thanks to koreajoongangdaily, the purchase of Activision Blizzard has been approved by the South Korean FTC. As happened with its Chinese counterpart, the country’s competition agency has decided to approve the acquisition by Microsoft in exchange for 68.7 million dollars, ensuring that this operation will not harm competition in the video game market in any way.
South Korea’s FTC approves the purchase of Activision Blizzard without any concessions
And what have you asked for in return to accept the purchase? Well, the reality is that absolutely nothing. Despite the fact that the European Commission demanded the need for all the great Activision Blizzard games to be available yes or yes on all cloud platforms in the world (something that could justify the lack of concessions in other territories), the highest body south korean competition The operation has not been conditioned by any type of concession from Microsoft or Activision.
Microsoft May Complete Activision Purchase Right Now Without FTC Approval
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As we have said, the FTC of this territory has ensured that They have not found any type of element that could negatively affect market competition, reason for which they have accepted the operation. Some sources point out that this ruling could be motivated by the decision of the European Commission, which would have served so that the organizations that raised certain doubts with the deal, have ended up dispelling them completely, giving the green light without any problem.
What awaits Microsoft now?
Once the purchase of Activision Blizzard in South Korea has been approved, the next step should be the decision of New Zealand, which decided to delay its ruling until June 9. Once the oceanic country has decided whether or not to approve the purchase, The last major stumbling block in Microsoft’s path will be none other than the US FTCwhich continues to investigate the feasibility of the purchase so that the video game market is not affected by monopolistic practices.