
What you need to know
- In January of 2022 Microsoft announced a deal to purchase Activision Blizzard King, publishers of titles like Call of Duty, World of Warcraft, and Candy Crush, for a record setting $68.7 billion.
- For the deal to close, it needs global approval from national regulatory boards and committees.
- The US's Federal Trade Commission (FTC) and the UK's Competition and Market Authority (CMA) have both attempted to block the merger, while many other countries have approved it following remedies for anti-competition concerns.
- The Competition Tribunal of South Africa has approved the merger unconditionally.