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UK antitrust regulator ready to consider revisions to Microsoft's Activision purchase

Tue, 11th Jul 2023 16:48

LONDON, July 11 (Reuters) - Britain's antitrust regulator said it was ready to consider proposals to restructure Microsoft's planned acquisition of videogame maker Activision Blizzard in light of a U.S. court ruling which said the deal could go ahead.

"We stand ready to consider any proposals from Microsoft to restructure the transaction in a way that would address the concerns set out in our Final Report," a Competition and Markets Authority (CMA) spokesperson said in a statement.

"In order to be able to prioritise work on these proposals, Microsoft and Activision have agreed with the CMA that a stay of litigation in the UK would be in the public interest and all parties have made a joint submission to the Competition Appeal Tribunal to this effect." (Reporting by Paul Sandle, writing by William James)

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