New Zealand regulator approves Microsoft’s proposed Activision Blizzard deal | VGC

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New Zealand regulator approves Microsoft’s proposed Activision Blizzard deal | VGC
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New Zealand’s regulator has become the latest to approve Microsoft‘s impending purchase of Activision Blizzard.

Microsoft added in a statement supplied to VGC: “We appreciate the thoughtful consideration by the New Zealand Commerce Commission of our acquisition of Activision Blizzard and welcome its decision to clear the deal unconditionally. This acquisition will ultimately benefit the gaming industry and gamers and we will continue to work toward closing the deal.”

Commerce Commission chair Dr John Stall explained that, “while Activision games, in particular Call of Duty, are popular with New Zealand gamers, our enquiries did not find that they are likely to be ‘must have’ in order to compete with Microsoft in New Zealand.” Last month, Microsoft and Activision agreed to extend their merger agreement until October 18, 2023. The move came after their initial self-imposed deadline to complete the $69 billion deal

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