Yesterday, the UK’s Competition and Markets Authority (CMA) announced the steps it believes are necessary for Microsoft to take over Activision Blizzard, including the proposed sale of Call of Duty. Although the media saw it as a blow, the stock market didn’t react that way and now famed video game analyst Michael Pachter explains why.
Visiting the PreMarket Prep podcast to discuss it, he said he thinks regulators, both in the UK and the FTC in the US, have made big mistakes in their arguments against the deal that won’t hold. before the courts. . Instead of thinking the deal will be cancelled, he believes recent events show otherwise, saying: “I’m 98% sure that this deal will be done.”
The truth is that there are more and more voices taking the deal for granted and that it will be signed throughout May. The interview is very interesting, if you want to know more about the functioning of the competition authorities and what has really happened since Microsoft announced its intention to buy Activision Blizzard.
What’s your bet, will Microsoft own Activision Blizzard this summer as planned, or will it be delayed or even discontinued?