Saudi Arabia has now become the first country in the world to recognize and approve Microsoft’s acquisition of Activision Blizzard, and the regulator known as the Directorate General of Competition has just announced its approval of the acquisition, allowing the deal to go ahead, at least in Saudi Arabia.
According to the Saudi Arabian government: “The Directorate General of Competition has announced that it has no objection to the completion of the merger process between Microsoft and Activision Blizzard”. The Saudi move may surprise some, but the deal is widely expected to be completed sometime this month, even in the United States. The merger is currently under review by the U.S. Federal Trade Commission.
تعلن #الهيئة_العامة_للمنافسة عن عدم ممانعتها من إتمام عملية التركز الاقتصادي بين:
-أكتيفيجن بليزارد إنك pic.twitter.com/lo5scC3F7k
— الهيئة العامة للمنافسة (@SaudiGAC) August 21, 2022