Microsoft's acquisition of Activision Blizzard has been approved by Japan

Microsoft's acquisition of Activision Blizzard has been approved by Japan ...

The antitrust authority in Japan stated that Microsoft Corp's acquisition of Activision Blizzard would not stifle competition in the country's console and cloud gaming markets. This is another step towards the completion of the $69 billion transaction.

Both companies have been informed by the Japan Fair Trade Commission that it will not issue a cease-and-desist order until its investigation is completed.

The UK Competition and Markets Authority (CMA) noted that the Microsoft-Activision Blizzard merger would not result in a "significant reduction in competition" in the UK console games market. The British regulator will publish the final conclusions on this transaction on April 26.

The largest gaming industry acquisition is still subject to regulatory scrutiny in the United States and Europe, without whom the transaction will be completed. There is still not much time left till June 30 — the date of the transaction's planned completion.

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