The UK competition watchdog has reopened its consultation on Microsoft’s proposed $75bn acquisition of Activision Blizzard, in an unusual move that could lead to a reversal of its decision to stop the blockbuster deal.
New documents submitted by Microsoft to the Competition and Markets Authority on July 25 and published on Monday argue that the deal warrants fresh consideration.
The US tech giant has asked the CMA to consider recent agreements it reached with the European Commission about the takeover, a new 10-year licensing arrangement with rival Sony for Activision’s hit Call of Duty game, as well as additional evidence that led a US judge to overturn the Federal Trade Commission’s effort to block the deal.
Read the full story on the Financial Times here.