UK competition watchdog extends inquiry period for Activision deal
The deadline for the publication of the report has been been pushed back from March 1 to April 26, although the competition regulator said on Thursday that it “aims to complete the inquiry as soon as possible and in advance of this date”.
In September, the CMA said its investigation into the $68.7 billion merger had been expanded to a second inquiry phase due to a number of antitrust concerns.
Notably, the watchdog said it was worried about the impact the acquisition could have on PlayStation’s ability to compete, given that the deal would see Microsoft gain ownership of the Call of Duty series.
Explaining the decision to delay its final report, inquiry group chair Martin Coleman said the CMA “considers that there are special reasons why the report cannot be prepared and published within the original reference period”.
He added: “In taking this decision, the Inquiry Group had regard to the scope and complexity of the investigation and the need to consider a large volume of evidence as well as main party and third party submissions, the necessity to allow sufficient time to take full and proper account of comments that will be received in response to the Inquiry Group’s provisional findings in due course and to reach a fully reasoned final decision in the statutory timeframe.”
The CMA has spent the last few months gathering evidence, issuing questionnaires, and holding hearings with the relevant parties. It plans to notify them of its provisional findings and possible remedies to any competition concerns it may still hold in late January/early February.
The final deadline for all parties’ responses will be in March, ahead of the publication of the CMA’s final report. Ultimately, the watchdog has the authority to block mergers and acquisitions from being completed.
In December the US Federal Trade Commission announced plans to file a lawsuit in a bid to stop Microsoft’s acquisition of Activision, which it argues would enable the company to “suppress competitors” to its Xbox consoles and its subscription content and cloud gaming business.
Posted:
Related Forum: Call of Duty Forum
Source: https://www.videogameschronicle.com/news/uk-competition-watchdog-extends-inquiry-period-for-xboxs-activision-deal/
Related Articles
Comments
Latest Downloads
- 01. Pac-Man Championship Edition (Xbox 360)(0)
- 02. Crash Of The Titans (Xbox 360 - Game Save 93% complete)(0)
- 03. Titan Quest - Anniversary Edition: SaveGame (Level 85 caster)(0)
- 04. [EU] Space Roguelike Adventure (Insta-Plat Save) [CUSA35362](2)
- 05. Operation: Matriarchy - SaveGame (The Game done on hard difficulty) [1.0](1)
- 06. LEGO Star Wars: The Skywalker Saga - SaveGame (The game done 100%) [Steam](2)
- 07. Through the Woods: SaveGame (The Game done 100%) [Steam](1)
- 08. Humans are not that against Lizardwomen: SaveGame (The Game done 100%)(1)
- 09. Tekken 1 100% save game file for Retroarch US version(0)
- 10. The Expanse: A Telltale Series - SaveGame (all chapters are opened, trophies are unlocked)(1)
- 11. Need for Speed: Most Wanted (2005) - SaveGame (Good start, 6 cars) [1.0](1)
- 12. Commandos: Strike Force - SaveGame(1)
- 13. Mario Party 2 100% Complete Save(4)
- 14. Mario Party 2 (Virtual Console) Save(0)
- 15. My Summer Car: SaveGame (Satsuma blue moon)(0)
Latest Tutorials
- 01. The Redress Of Mira 100% Walkthrough | Trophy & Achievement(789)
- 02. Russian Pinocchio Quick Trophy Guide(1,051)
- 03. Venatrix Quick Trophy & Achievement Guide(1,138)
- 04. Call of the Sea 100% Platinum Walkthrough(1,071)
- 05. Wire Lips 100% Platinum Walkthrough(1,170)
- 06. The Expanse 100% Platinum Walkthrough | Trophy & Achievement(1,020)
- 07. Doctor Who: The Edge of Reality - PS4 Platinum P/Thru(948)
- 08. Doctor Who:The Lonely Assassins - 100% Guide(802)
- 09. DAYMARE 1998 PS4 - Full game 100% TROPHY WALKTHROUGH(845)
- 10. Stray Platinum Walkthrough | Trophy & Achievement Guide(795)
- 11. Raji: An Ancient Epic | Complete Gameplay Walkthrough(1,074)
- 12. Corpse Killer: 25th Anniversary Edition - Longplay(1,050)
- 13. Song of Horror: Complete Edition Gameplay Walkthrough(745)
- 14. Remoteness 100% All Trophies Walkthrough(1,174)
- 15. Detective Inspector Mysterious Clues Platinum Walkthrough(873)
"UK competition watchdog extends inquiry period for Activision deal" :: Login/Create an Account :: 4 comments