Activision Blizzard: Microsoft is one step closer to the acquisition deal

The American corporation Microsoft has overcome the main obstacles to the acquisition of video game publisher Activision Blizzard. The US court approved the deal worth $69 billion, and the British regulator expressed its readiness to reconsider its position.

According to Reuters, Activision shares rose 10% after the news. The United States and the United Kingdom had opposed the deal, which would have been the largest in Microsoft's history and in the history of the video game industry. Microsoft shares also rose by 64 cents, reaching $332.47.

The judge of the San Francisco District Court rejected the claims of President Biden's administration that the deal could harm consumers by giving Microsoft exclusive access to Activision games, including the popular bestseller Call of Duty.

Shortly after the US court ruling, the UK's Competition and Markets Authority (CMA) announced that it was ready to consider Microsoft's proposals to resolve the antitrust issues in the UK, indicating that both parties may agree.

The US Federal Trade Commission claimed that Microsoft could use Activision games to drive competitors out of the market. This deal will significantly strengthen Microsoft's position in the video game industry and open up new prospects for the company's development. The impact of this transaction on the global video game industry will be significant, and competition in the video game market may change.