At an Xbox panel earlier on titled 'What's Next for Gaming', Xbox boss Phil Spencer provided another update about the acquisition of Activision Blizzard, reiterating how Microsoft is "very committed" to seeing the deal through.
The team is out there working with regulators to "find solutions" who have questions. And so far, Phil thinks "there are 40 countries that have approved the deal" with two countries still being the major focus "on getting approval", in reference to the US (FTC) and the UK (CMA).
"Those are the kind of two that are there in front of us...And that's what we're actively doing from Brad Smith, who is our chief counsel at the company, [or] Sarah spending a lot of time on the road with regulators, we're trying to get to solutions. We did that with the European Commission, and I'm confident that we'll find solutions for the other areas as well. It's taking time. It's taking focus. But I'm confident."
Xbox originally announced its acquisition of Activision Blizzard at the beginning of last year. An appeal looks set to take place in the UK in late July. You can learn more in our previous coverage here on Pure Xbox:
Do you think Xbox can get this deal passed in the countries it needs to? Glad to hear Microsoft is still "very committed"? Comment below.
[source gameinformer.com]
Comments 9
I mean, Phil had a Hexen shirt during the show. I have no clue where one can buy a Hexen T-Shirt these days. I have a feeling he had it custom made to send a message.
The deal will go through as MS is 'committed' to finding solutions to make sure that happens. They can close the deal without the CMA and FTC approval and 'fight' them in court, pull ABK out of the UK or whatever it takes to get the deal through - especially with the support of the rest of the world, the majority of lawyers and industry experts, let alone the fact that MS would still be a 'small' part of the overall Games providers and not 'just' competing against Sony and Nintendo, but Steam, Epic, Ubisoft, EA, TenCent, Embracer etc etc etc - let alone all the independent Studios (large like Remedy or small) that make games.
@Tharsman Are you sure there's not a dump table full of them at his local GameStop with double point purchases for Pro members?
Yes Micro$oft, there is always a $olution
Once again CMA will get their arse handed to them
I don't get why it takes so long
The deal has a $3 billion breakup fee. I assume they are committed. They are overpaying by an enormous amount of money - but I get it.
FTC is right now filing for an injunction to block the deal. So Microsoft can say all the shop talk they want, they have a real battle to win this one.
I want this deal to fo through. As an Xbox fan I think Xbox needs it. Playstation will absolutely do more than survive even if this deal goes through. They will be fine. It will be great competition. This will benefit all gamers overall. Xbox has to have this deal get completed. I really want them to.
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