Furthermore, the tech giant is mandated to ensure that the quality, content, features, and performance of any Activision game delivered to Ubisoft matches that of the non-streaming versions, preserving the essence of the gaming experience for all players. Ubisoft, in turn, is barred from granting Microsoft an exclusive license to the Activision unit, fostering competition and choice in the industry.
Microsoft Closes $69B Activision Deal : Activision’s Optimism Amid Approval
In a celebratory statement, Activision expressed their optimism regarding the CMA’s official approval, describing it as “great news for our future with Microsoft” and eagerly anticipating their integration into the Xbox team.
Simpson Thacher & Bartlett LLP represented Microsoft on corporate and mergers and acquisitions matters, while Weil Gotshal & Manges LLP adeptly handled the antitrust clearance for Microsoft. Activision’s legal representation was provided by Skadden Arps Slate Meagher & Flom LLP. Details on Ubisoft’s counsel were not immediately available.
Microsoft Closes $69B Activision Deal : A Pivotal Moment for Antitrust Oversight in the UK
Alex Haffner, a competition partner at UK law firm Fladgate LLP, pondered the implications of this unique transaction, emphasizing that Microsoft and Activision had nearly taken the matter to court before arriving at this historic agreement. Haffner questioned whether this case illustrates a rigid approach to merger oversight in the UK, particularly in the case of ‘Big Tech,’ or if the system can exhibit flexibility when necessary, all while prioritizing consumer protection.
