According to the British competition authority, competition law concerns are raised by the gaming industry and the largest acquisition deal of the entire IT market, the $69 billion acquisition agreement signed between Microsoft and Activision, as part of which the Redmond giant would acquire a large part of the video game market. large franchises with a huge user base, such as Call of Duty or World of Warcraft.
In June of this year, the Competition and Markets Authority (CMA) began investigating the competition law aspects of the deal announced in mid-January, which is also important in this case because, as with many other similar acquisitions, the British competition authority may have a kind of veto right over the business if it deems that it can have a significant distorting effect on competition.
Tesco’s route planning engine is already based on Java (x)Python was replaced by Java, and the result was a sixteenth reduction in runtime, half a million pounds in cloud costs saved and less fuel.
Tesco’s route planning engine is already based on Java (x) Python was replaced by Java, and the result was a sixteenth reduction in runtime, half a million pounds in cloud costs saved and less fuel.
In such cases, the first-level examination can lead either to the authorization of the business or to a second round of examination – this is what happened now, as the CMA called on the parties to provide additional assurances that the franchises acquired by them will not become platform-exclusive over time, thus excluding mostly the owners of the rival – and currently the market leader – Sony PlayStation consoles from the Call of Duty or WoW parties.
Until now, Microsoft has tried to avoid regulatory concerns and clear the way for the giga business, already in the days following the announcement, it tried to assure everyone that the purpose of the acquisition is not to create a monopoly in the gaming segment.
The Redmond company then announced a number of commitments regarding the game business in February, as it became clear that for Microsoft this unprecedented acquisition transaction will also mean that the attention of the authorities and legislators will (again) be directed at its company, which are the latter years, they threw themselves into the fight against market monopolies more enthusiastically than ever before.
These voluntary commitments did not seem to convince the British competition authority, which gave the parties until September 8 to resolve all of the CMA’s concerns.
In accordance with the importance of the business, Brad Smith, the president of Microsoft, also spoke about the CMA’s decision. Smith stated that Microsoft is ready to dispel the concerns of the British competition authority in all respects, and also reminded that it intends to release the exclusive titles on the Xbox and PlayStation platforms on the same day, as has been the practice so far.
Source: HWSW Informatikai Hírmagazin by www.hwsw.hu.
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