This week’s setback to Microsoft’s planned $69 billion acquisition of Activision Blizzard in the UK is not stopping its approval in other parts of the world. On Thursday, the deal got the thumbs up from Ukraine’s Antimonopoly Committee.
Approval, as reported. VGC, said the committee did not think the deal would create any problems with competition in the gaming industry in this country. Microsoft has already received approval for deals to buy Activision Blizzard in Brazil, South Africa, Japan, among others. Saudi Arabia.
However, Microsoft got a big and unwelcome surprise on Wednesday when the UK’s Competition and Markets Authority blocked the deal in that country. CMA said such a deal would give Microsoft an anti-competitive edge in the small but growing cloud gaming market. Microsoft said it would appeal the CMA’s decision.
The European Union still has until May 22 to approve or disapprove the Microsoft/Activation Blizzard acquisition. In addition, the US Federal Trade Commission has filed a lawsuit against the deal that could be heard in 2023.