Microsoft-Activision merger review 'discontinued' by Australian regulator
By Ryan Cropp ( October 16, 2023, 02:02 GMT | Insight) -- Microsoft’s $68.7 billion merger with Activision Blizzard will face no further regulatory scrutiny in Australia, with the country’s competition regulator today announcing it would “discontinue” its investigation of the deal. In a statement to MLex, a spokesperson for the Australian Competition & Consumer Commission said that after monitoring developments in other jurisdictions, the watchdog had decided to take no further action. The language of discontinuation is unusual for the Australian regulator, which typically either clears or opposes reviews.Microsoft’s $68.7 billion merger with Activision Blizzard will face no further regulatory scrutiny in Australia, with the country’s competition regulator today announcing it would “discontinue” its investigation of the deal....
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