Microsoft Activision agreement could reduce competition. The UK watchdog reports that Microsoft's plan to buy Activision Blizzard could significantly reduce competition in consoles, multiplayer subscription services and game streaming.
Microsoft is looking to buy the creators of Overwatch, Candy Crush and Call of Duty for $68,7 billion (£59,2 billion). But Britain's Competition and Markets Authority (CMA) says its concerns mean it can now conduct a full investigation.
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Microsoft Activision agreement could reduce competition. Microsoft said it is willing to work with the CMA on the next steps. If the deal goes through, it will be the Xbox maker's biggest ever purchase. Games produced by Activision Blizzard are among the most popular games in the world. But it has previously been accused of allowing a toxic and sexist work culture.
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Microsoft In response to the news, President Brad Smith said: “We are ready to work with the CMA in the next steps and address their concerns.
Sony says that as an industry leader, we are concerned about Call of. Mission, but we said we're committed to delivering the same game for both Xbox and PlayStation on the same day. We want people to access games more, not less.” Currently, Activision games are playable on both Xbox and competing PlayStation consoles, though the proposed takeover has led some to speculate that more games may be Xbox exclusive.
Drawing parallels with the company's purchase of Minecraft in 2014, he said the company is investing in the game and bringing the game to more platforms.