CMA postpones deadline for Microsoft-Activision probe, GI.biz says

The U.K.’s Competition and Markets Authority has extended a deadline for its investigation into Microsoft’s (MSFT) proposed takeover of Activision Blizzard (ATVI), Gamesindustry.biz’s James Batchelor reports. The CMA was set to publish its finding from the phase two probe on March 1, 2023, but the regulator has now revealed this date has been moved to April 26, 2023, the author notes. The group said the extension was granted due to the scope and complexity of the investigation, as well as the need to consider the "large volume of evidence, as well as main party and third party submissions," the author says. Reference Link