Microsoft president Brad Smith softens stance on the CMA, describing them as fair following Activision Blizzard acquisition
Date:
Wed, 03 Jan 2024 10:41:03 +0000
Description:
Microsoft president Brad Smith has adopted a more positive view of the CMA after the completion of the Activision Blizzard deal.
FULL STORY ======================================================================
Microsoft president Brad Smith has softened his stance on the UKs Competition & Markets Authority (CMA) following the completion of the Activision Blizzard acquisition by Microsoft.
In a new interview with the BBCs Today Program , Smith described the CMA as tough and fair before going on to say that they created a pragmatic path forward for innovation and investment.
This is a dramatic change in tone compared to some of Smiths previous
comments when news broke of the CMAs initial move to block the acquisition last year.
In an earlier interview with the BBC back in April 2023, he lambasted the decision as bad for Britain and argued that the government should look hard
at the role of the CMA and the regulatory structure in order to avoid any potential negative impacts on the growth of the UK technology sector.
Much of the CMAs concern surrounding the deal related to Microsofts apparent market-leading position in the cloud gaming space, which it argued could harm competition and hamper innovation and choice for consumers in the long run.
This has since been addressed, with Microsoft transferring the cloud
streaming rights for Activions titles to Ubisoft . This, in addition to some further minor remedies, eventually allowed the deal to close on October 13, 2023.
Despite the initial disagreement, its really not that surprising to see Smith adopt a more positive attitude given that Microsoft has now managed to reach an acceptable compromise with the CMA.
The completion of the deal was, of course, great news for Microsoft but it could also benefit you if youre an avid Xbox gamer. The wider impact of the deal has yet to be seen due to its relative recency, but consumers can expect to see some Activision Blizzard titles start to appear on Xbox Game Pass (Microsofts popular Netflix-like game subscription service) over the course
of this year .
For all things Xbox, see our guides to the best Xbox Series X racing games
or the best Xbox Game Pass games .
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Link to news story:
https://www.techradar.com/gaming/microsoft-president-brad-smith-softens-stance -on-the-cma-describing-them-as-fair-following-activision-blizzard-acquisition
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