On Tuesday, Japan's antitrust watchdog said it did not expect a merger between Microsoft Corp's (NASDAQ: MSFT) and Activision Blizzard Inc (NASDAQ: ATVI) takeover to hamper competition. The Japan Fair Trade Commission has notified the companies that it will not issue a cease and desist order and closed its review on the matter, Reuters reports. Last week, Britain's competition regulator disclosed that the takeover would not harm competition in gaming consoles. However, the watchdog continues scr Read More...
Reuters
Microsoft’s Activision deal will not harm competition -Japan watchdog
TOKYO (Reuters) -Japan’s antitrust watchdog said on Tuesday it did not expect a merger between Microsoft Corp and Activision Blizzard to stifle competition, helping clear the way for the Xbox maker’s $69 billion acquisition of the “Call of Duty” creator. The Japan Fair Trade Commission has notified the companies that it will not issue a cease and desist order, and closed its review on the matter, the regulator said. Britain’s competition regulator announced last week the acquisition would not harm competition in gaming consoles, removing a major obstacle to the deal, but said it was still looking at its impact on the cloud gaming market.
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