SA’s Competition Commission greenlights Microsoft’s $69 billion acquisition of Activision
South Africa's Competition Commission has approved Microsoft's acquisition of video game platform Activision Blizzard, which is set to be the company's biggest-ever acquisition at almost $70 billion. The Commission found that Microsoft's acquisition of Activision is unlikely to result in significant foreclosure concerns as both companies do not have the ability and incentive to exclude competing game distributors, particularly Sony (PlayStation) and Nintendo (Switch). Microsoft has to acquire approval from competition regulators around the world, and South Africa, Africa's biggest gaming market, represents a significant win for the blockbuster deal. In 2022, Activision partnered with South African gaming startup Carry1st to launch the first Africa-located servers for Call of Duty.
Read more on TechCabal
