The Competition and Markets Authority said Friday that it will consult on the new offer, but Microsoft’s proposal opens the door to the deal being cleared. The new proposal offered to sell some gaming rights to French publisher Ubisoft Entertainment SA.
“This is a new and substantially different deal, which keeps the cloud distribution of these important games in the hands of a strong independent supplier, Ubisoft, rather than under the control of Microsoft,” said Colin Raftery, a senior director of mergers at the CMA.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Britain says may clear restructured Microsoft-Activision deal-Britain's antitrust regulator on Friday said Microsoft's restructured acquisition of Activision Blizzard 'opens the door' to the deal being cleared. The 'Call of Duty' maker had in August agreed to sell its streaming rights to Ubisoft Entertainment. The sale of Activision's cloud gaming rights to Ubisoft 'substantially addresses previous concerns,' the UK's Competition and Markets Authority (CMA) said in a statement.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
UK says grounds to clear Microsoft's Activision dealLONDON (Reuters) - Britain's antitrust regulator on Friday said there were grounds to clear Microsoft's $69 billion acquisition of Call of Duty owner ...
Source: SaltWire Network - 🏆 45. / 63 Read more »
In the news today: India tensions rise, PM at UN and Unifor strikes deal with FordHere is a roundup of stories from The Canadian Press designed to bring you up to speed on what you need to know today...
Source: SooToday - 🏆 8. / 85 Read more »
In the news today: India tensions rise, PM at UN and Unifor strikes deal with FordHere is a roundup of stories from The Canadian Press designed to bring you up to speed on what you need to know today...
Source: PGCitizen - 🏆 65. / 51 Read more »
With sights set on China, Japan to make deal with Canada on EV supply chainsAs political tensions with India remain at an all-time high, the Trudeau government is preparing to make some incremental progress with a key ally in its Indo-Pacific strategy — Japan.
Source: CBCNews - 🏆 2. / 99 Read more »
Ypsomed signs autoinjector supply deal with Novo Nordisk(Reuters) - Swiss medical technology company Ypsomed announced on Wednesday a long-term supply agreement with Novo Nordisk for autoinjectors, as the ...
Source: SaltWire Network - 🏆 45. / 63 Read more »