Dado Ruvic | ReutersMicrosoft on Tuesday submitted a new deal for the takeover of Activision Blizzard, offering a spate of concessions after U.K. regulators rejected its initial proposal.
Under the restructured deal, Microsoft will not acquire cloud rights for existing Activision PC and console games, or for new games released by Activision during the next 15 years, the CMA said.
Regulators previously argued that Microsoft could also take key Activision games, like Call of Duty, and make them exclusive to Xbox and other Microsoft platforms.
To cross that line, Microsoft offered concessions, such as offering royalty-free licenses to cloud gaming platforms to stream Activision games, if a consumer has purchased them.
In the U.S., the Federal Trade Commission was fighting a legal battle with Microsoft in an effort to get the Activision takeover scrapped.
Persons:
Dado Ruvic, Brad Smith
Organizations:
Activision, Reuters Microsoft, Activision Blizzard, Markets Authority, Microsoft, CMA, Redmond, Activision PC, Ubisoft Entertainment, Ubisoft, Netflix, European Union, Federal Trade Commission
Locations:
U.S, Europe