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Xbox may well be battling hard with UK and US authorities over its purchase of Activision Blizzard, but the acquisition is proving a smoother process in other counties around the world. We know that Brazil and Saudi Arabia have already approved the deal, and now a second South American nation has joined that list.
Chilean authority FNE (Fiscalía Nacional Económica) says that the deal can go ahead in Chile, as proposed by both Microsoft and Activision Blizzard. The country's regulator put forward that there would still be plenty of competition in the gaming space post-acquisition, with a number of big third party companies still active and independent in the gaming industry.
Lulu Cheng Meservey, CCO of Activision Blizzard has since commented on Chile's approval, via social media. The ActiBlizz executive is of course pleased with the move, while also stating that the two companies "expect more approvals" in future as regulators "review the facts".
Xbox's monumental games industry deal is proving a bit of a mountain to climb for all involved parties, although things are still progressing in various countries around the world. We'll have to wait and see how things shake out with the biggest players though, including the US FTC and the UK CMA.
Are you happy to see another country approve this deal? Leave your thoughts down below.
[source fne.gob.cl, via windowscentral.com]
Comments 17
These approvals might come in handy in court.
Do all these smaller ones matter if the main ones (FTC, CMA, EU) go against it.
@UltimateOtaku91 It may matter if the Deal does go to Court as they can be used in 'evidence' to back up MS's legal argument as to why they feel the deal should go ahead.
The more 'support' one side has, the more 'pressure' it can put on others. In theory, they should ALL have access to the same information and would need to provide 'evidence' to the court that they have a legitimate cause to 'block' the deal - not 'hypothetical' projections or ignoring the existence of 'others' (like Nintendo, Steam etc).
It's worth looking at the FTC's argument, then look at MS's and A/B's counter to that - both are seeking to get the FTC's case thrown out by the Judge, the deal to be allowed to conclude with immediate effect and both expect to be awarded all costs to 'defend' the deal to be paid by the FTC. Having more and more organisations backing the deal also makes the FTC's case much weaker too. The EU also defended MS over one of the FTC's claims over the Zenimax deal and early indications seemed to suggest that the majority may well be in favour of this deal going through too, as well as rumours that Japan are about to find 'no' reason to 'block' the deal as its not anti-competitive or more importantly, anti-consumer either...
The point is, the 'findings' and reports from these other Organisations around the world all 'help' MS's case and essentially support the deal. If it ends up with MS, A/B, and the 'rest' of the world vs the FTC with no 'evidence' to support their claims that it would harm consumers - they are NOT there to protect Sony's Business and 'keep' them at the top - they are going to have a hard job convincing a Judge that they are 'right' and everyone else is wrong...
Its worth watching Destin's and Hoeg's video's on this whole deal. Pachter too and numerous insiders expect it to go through, hence buying up 'shares' in A/B to get a 'windfall' when MS pays them $95 per share...
By 2024 it'll be approved everywhere else
Like Chile would have stopped this from going through
This deal only helps the majority of the world where PlayStation basically has a monopoly. The only place where Xbox even somewhat keeps up with PlayStation is the USA & Canada, everywhere else including Europe its a clear PlayStation monopoly which constantly confuses me as to why the EU have been putting up any roadblocks at all.
@Texel Playstation doesn't have a monopoly at all in those places. Dominate over Xbox in those territories would be more appropriate. Monopoly would suggest that Switch and Xbox ain't even competing with a near full percentage of marketshare.
Cant believe a restaurant chain has this kind of power now.
@Texel I mean if PlayStation is their platform of choice, maybe that has some influence on it I kid, though. I hope..
¡Grande Chilito!
Thanks Chile. I really hope this deal goes through.
@UltimateOtaku91
None of them matter unless they all approve them eventually.
Perhaps she & the rest of the execs should review the facts regarding the toxic workplace & treatment of the staff
@Would_you_kindly hah? Does this make the price of fish go up or down?
Who cares if the smaller markets approve it. Their big money comes from America & Europe and they're on the fence about it.
@GunValkyrian
It is about taking away games from Playstation and hope to get more people to gamepass.
They will make every game exclusive even when they have said they dont like exclusives.
First it was 3 year deal on CoD and now 10 year, so first they was gonna make CoD exclusive after 3 years.
Doesnt matter that they say that they wont since Phil has proven to be biggest liar on industry, to bad many dont want to admit that since they love gamepass.
@Brukzee
You have proof for that?
So if it deal happens then Microsoft has paid off enough people?
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