The British regulator has been a stalwart opponent of Microsoft's $69-billion purchase of Activision Blizzard, inclusively blocking the deal in April over competition concerns in the nascent cloud gaming market.
The revised period will therefore end on 29 August 2023," the U.K. Competition and Markets Authority said Friday .
LONDON — The U.K. competition regulator on Friday said it is extending the deadline for its review of Microsoft 's takeover of video game publisher of Activision Blizzard by six weeks.
These include deals to license some of Microsoft and Activision games to other cloud gaming providers.
This coud include bolstered licensing deals or even a potential spinoff of its cloud gaming business in the U.K., analysts told CNBC.
Persons:
Redmond
Organizations:
CMA, U.S . Federal Trade, Activision Blizzard, Competition, Markets, LONDON, Microsoft, CNBC, Activision, Netflix, Bloomberg, U.S, Northern, Federal Trace Commission
Locations:
U.S, Northern District, California