Brazil has authorised the Microsoft Activision Blizzard acquisition, making it one step nearer to changing into a actuality.
In order to make the acquisition of Activision Blizzard occur, representatives of Microsoft have been travelling the world over to argue their case towards regulators. Once such regulators have been these in Brazil.
Microsoft Activision acquisition has handed one hurdle
As reported by MP1ST, video game information analyst and journalist Benji-Sales shared a picture of the doc seemingly confirming Brazil’s approval. The doc in query is from the Administrative Council for Economic Defense (CADE).
The translation by Google Translate reads:
“Based on §1 of art. 50 of Law No. 9,784, of 1999, I integrate the reasons of Opinion No. 21/2022/CGAA3/SGA1/SG (SEI No. 1128655 ) to this decision, including its motivation. Pursuant to arts. 13, XII, and 57, I, of Law No. 12,529, of 2011, I decide to approve this merger without restrictions. Publish yourself.”
However, Benji-sales had doubts as as to whether the doc was legit. Thankfully, residents of Brazil imagine the doc and affirmation to be real. Senior Editor at The Verge, Tom Warren has additionally collaborated with the studies.
It’s reputable benji. I used to be simply now checking the regulation that they was referring.
And it was authorised with out restrictions. pic.twitter.com/DqE8DCB2us
— Pedro (@pedro_pparaujo) October 5, 2022
Microsoft Activision acquisition isn’t a finished deal, but
However, simply because Brazil has authorised the acquisition, it doesn’t imply that the job is completed. Microsoft nonetheless has to achieve the approval of regulators from different elements of the world such because the UK and the European Union.
Recently, PlayStation CEO Jim Ryan reportedly flew to Brussels to voice his issues over the potential takeover in addition to the worry of Call of Duty changing into an Xbox first-party sequence. This is regardless of Microsoft representatives telling Brazil regulators that making Call of Duty unique to Xbox wouldn’t be worthwhile.
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Featured Image Credit: Activision/Microsoft/Source: MP1ST