Legal

China Approves Acquisition of Microsoft and Activision Blizzard

Published by
Hongyu Chen

Microsoft said on Friday that China’s State Administration for Market Regulation (SAMR) has unconditionally approved its acquisition of Activision Blizzard. The deal has been approved in 38 countries with a total population of 2.3B people according to Florian Mueller, founder of the FOSS Patents. While the UK government regulator the Competition and Markets Authority (CMA) announced in April that it had blocked the deal.

The official statement has not been released on SAMR’s official website. Sources close to SAMR told The Esports Advocate that the “unconditional approval” is usually updated every ten days. The last release is on May 18 for approvals between May 4 – 14. It’s more likely that the official statement of the acquisition of Microsoft and Activision Blizzard will be released later in May.

In addition, sources close to Microsoft and Activision Blizzard in China told TEA that the SAMR’s decision was no surprise as Microsoft has a good relationship with China, and the deal would not affect the country’s interest.

Share
Hongyu Chen

Hongyu "Eddie" Chen serves as conduit from China to the rest of global esports scene as the only Chinese journalist living in China while writing for Western media outlets. For the last four years Eddie served as the China esports correspondent for The Esports Observer and Sports Business Journal. He is a bilingual graduate of MA Business and Marketing and a certified BEng Electronic and Communication Engineer.

Recent Posts

XP League North American Finals Head to Full Sail University

North American-based, youth esports-focused company XP League announced this week that its 2024 North American…

2 days ago

Fnatic Partners With Steelcase and Betify

UK-based esports organization Fnatic announced two partnerships this week with gaming furniture company Steelcase and…

3 days ago

Esports World Cup Dates Announced

The Esports World Cup Foundation announced Thursday the official dates for the 2024 Esports World…

4 days ago

Sources: ProGuides Will Shut Down at the End of May

Sources tell The Esports Advocate that esports and video game coaching platform ProGuides will wind…

4 days ago

Doppelherz Sponsors JingDong Gaming

German supplement brand Doppelherz announced this week that it has signed a sponsorship deal with…

5 days ago

Federal Trade Commission Bans Noncompete Clauses

Government watchdog agency the Federal Trade Commission (FTC) announced Tuesday that it issued a new…

5 days ago