{"id":25225,"date":"2023-04-19T15:54:53","date_gmt":"2023-04-19T15:54:53","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/?p=25225"},"modified":"2023-04-19T15:33:01","modified_gmt":"2023-04-19T15:33:01","slug":"south-africa-okays-microsofts-us69-billion-activision-acquisition","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/south-africa-okays-microsofts-us69-billion-activision-acquisition","title":{"rendered":"South Africa okays Microsoft\u2019s US$69 billion Activision acquisition"},"content":{"rendered":"

Africa-Press – Eswatini. <\/strong><\/span>South Africa\u2019s competition regulator, the Competition Commission, has approved Microsoft\u2019s US$69 billion acquisition of videogame player Activision Blizzard in what will be the technology industry\u2019s biggest-ever deal if consummated.<\/b><\/p>\n

Although a decision by South Africa to block the transaction would have been unlikely to derail it, it is a small victory for Microsoft as it moves to convince other regulators, including the UK\u2019s Competition and Markets Authority, which has launched a detailed probe into the deal.<\/p>\n

The Competition Commission said on Monday that it has recommended to the Competition Tribunal that the deal be allowed to proceed, without any conditions attached.<\/p>\n

Microsoft first announced the US$69-billion acquisition last January and has struggled since then to convince regulators to approve the transaction. Activision\u2019s biggest franchise is Call of Duty, a shooter for PCs and gaming consoles, including Microsoft\u2019s own Xbox platform and the rival PlayStation from Sony.<\/p>\n

\u201cThe primary competition concern in this transaction arose from the concern that Microsoft may, post-merger, restrict the distribution of Call of Duty to the Microsoft console, Xbox, or make Call of Duty available on terms that exclude or undermine the ability of other console manufacturers to compete,\u201d the Competition Commission said in a statement.<\/p>\n

\u201cThe commission found that the proposed transaction is unlikely to result in significant foreclosure concerns as the parties do not have the ability and incentive to foreclose competing game distributors, particularly Sony and Nintendo. Furthermore, the merging parties have made undertakings to continue supplying Call of Duty games to other console manufacturers.<\/p>\n

\u201cTherefore, the commission found that the proposed transaction is unlikely to result in a substantial prevention or lessening of competition in any relevant markets. The commission further found that the proposed transaction does not raise any substantial public interest concerns,\u201d it said in the statement.<\/p>\n

For More News And Analysis About Eswatini<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eswatini. South Africa\u2019s competition regulator, the Competition Commission, has approved Microsoft\u2019s US$69 billion acquisition of videogame player Activision Blizzard in what will be the technology industry\u2019s biggest-ever deal if consummated. Although a decision by South Africa to block the transaction would have been unlikely to derail it, it is a small victory for […]<\/p>\n","protected":false},"author":84,"featured_media":25224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[234,248,249],"class_list":["post-25225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-eswatini","tag-eswatini"],"yoast_head":"\nSouth Africa okays Microsoft\u2019s US$69 billion Activision acquisition - Eswatini<\/title>\n<meta name=\"description\" content=\"South Africa\u2019s competition regulator, the Competition Commission, has approved Microsoft\u2019s US$69 billion acquisition ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/south-africa-okays-microsofts-us69-billion-activision-acquisition\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Africa okays Microsoft\u2019s US$69 billion Activision acquisition\" \/>\n<meta property=\"og:description\" content=\"South Africa\u2019s competition regulator, the Competition Commission, has approved Microsoft\u2019s US$69 billion acquisition ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/south-africa-okays-microsofts-us69-billion-activision-acquisition\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-19T15:54:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2023\/04\/postQueueImg_1681900041.16.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/south-africa-okays-microsofts-us69-billion-activision-acquisition#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/south-africa-okays-microsofts-us69-billion-activision-acquisition\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"South Africa okays Microsoft\u2019s US$69 billion Activision acquisition\",\"datePublished\":\"2023-04-19T15:54:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/south-africa-okays-microsofts-us69-billion-activision-acquisition\"},\"wordCount\":325,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/south-africa-okays-microsofts-us69-billion-activision-acquisition#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2023\/04\/postQueueImg_1681900041.16.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eswatini\",\"Eswatini\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eswatini\/all-news\/south-africa-okays-microsofts-us69-billion-activision-acquisition#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/south-africa-okays-microsofts-us69-billion-activision-acquisition\",\"url\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/south-africa-okays-microsofts-us69-billion-activision-acquisition\",\"name\":\"South Africa okays Microsoft\u2019s US$69 billion Activision acquisition - 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