CEO of Microsoft Gaming Is Still Positive About Activision Purchase of Blizzard King
October 31, 2022 By Raulf Hernes
(Image Credit Google)
Despite regulators' reservations, the CEO of Microsoft Gaming stated in an interview that he is still confident in the company's proposal to acquire Activision Blizzard King.
According to a PC Gamer report, Microsoft Gaming Chief Executive Officer Phil Spencer remarked that the company's acquisition of Activision Blizzard King, which he acknowledged as fair, honest, and deserved, was the subject of his conversations with a number of international regulators.
"I do think the discussion surrounding an acquisition of this size is warranted, and I've welcomed the time to go spend," he said, referring to Microsoft's position as a big tech business.
However, he made it clear at the Wall Street Journal Tech Live event that he is still confident in this suggestion. Spencer said that he had only recently visited Londo for a meeting with all the regulatory boards.
Regarding the clearance of the acquisition, Spencer has spoken with various regulators. As of right now, Brazil has already accepted the agreement, but according to DBLTAP's report, the US Federal Trade Commission is still considering it.
The Competition and Markets Authority of the United Kingdom has, in the meantime, formally moved the review's second phase after expressing worries that it would hurt other subscription services like PlayStation.
With a deadline on November 8, Europe's competition watchdog will shortly decide whether to forward to the second round.
According to Video Games Chronicle, Call of Duty, the best-selling game of the year in the United States, is the subject of increased discussion among regulators and the gaming industry.
Although the firm has officially stated that the series will continue on PlayStation, there are still ongoing discussions on whether it will be included in Microsoft's acquisition.