The Microsoft-Activision Blizzard acquisition finds one other approval, this time from South Korean regulators.
The Korea Honest Commerce Fee (KFTC) accepted the deal price $68.7 billion unconditionally, making it one of many much less headache-inducing ones for the 2 gaming giants.
The deal comes a number of days after Chinese language regulators gave the go-ahead to the deal. With the addition of South Korea and Japan, 38 nations have now accepted the largest deal in online game historical past.
KFTC’s approval stems from Activision Blizzard video games’ low recognition within the area, which ends up in lesser significance when gamers determine to decide on their console platform.
“Even within the occasion of a blockade, the impact of changing opponents’ shoppers to its service subscribers is minimal as a result of low recognition of Blizzard’s video games, and opponents have a big market share, so there is no such thing as a danger of exclusion from competitors,” mentioned KFTC in its assertion. (by way of VGC)
The KFTC additionally revealed that it had spoken to different regulators from world wide. Nevertheless, it is resolution to approve differs as a result of elevated significance of Activision Blizzard in different areas.
Regardless of the rising variety of approvals from worldwide regulators, the Microsoft-Activision Blizzard acquisition deal’s greatest detractor comes from america and United Kingdom. Whereas the previous’s FTC has sued Microsoft over the acquisition, the latter’s CMA has blocked the deal.
