The ongoing saga regarding Microsoft’s acquisition of Activision-Blizzard takes a step forward today. It has passed its first significant hurdle it seems, as the deal proposed from Microsoft has just been approved in Brazil.
The full document from Brazil’s Administrative Council for Economic Defence (CADE) can be seen below, and the translation is shown (via Google Translate):
Based on §1 of art. 50 of Law No. 9,784, of 1999, I integrate the reasons of Opinion No. 21/2022/CGAA3/SGA1/SG (SEI No. 1128655 ) to this decision, including its motivation. Pursuant to arts. 13, XII, and 57, I, of Law No. 12,529, of 2011, I decide to approve this merger without restrictions.
The document has been signed just yesterday
Also of note, for any doubting the legitimacy of this approval, multiple people from the Brazil have confirmed the document’s credibility as well. This folks, is the real deal.
Of course, this deal is far from over, as Sony seems to be pushing back hard and even allegedly met with EU regulators over it. As for Microsoft, the company opened a new web page touting how the deal pushing through will be good for gamers. It doesn’t look like Microsoft is worried though, as the company’s CEO Satya Nadella states that he’s “sure” that the deal will push through.
This tale is far from over, and Brazil is just one country afterall. So stay tuned to ABG for the next, inevitable twist. But what do you think? Is this a good thing for gamers, or has this acquisition-fest gone far enough. Join our ABG Discord and let us know your opinion!
Source; SEI CADE Brazil
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