(Boursier.com) — Ubisoft moved into the top positions of the charts this weekend thanks to a gain of 3.6% to 29.2 euros. The good news is getting closer for the video game publisher to the extent that the British Competition and Markets Authority has opened the door to the takeover of Activision Blizzard by Microsoft after the concessions proposed by the latter. Activision, the manufacturer of “Call of Duty”, notably agreed in August to sell the streaming rights for its games to Ubisoft…
This remedy “substantially addresses prior concerns,” the regulator said. “Although the CMA has identified limited residual concerns regarding the new agreement, Microsoft has proposed remedial measures which the CMA has provisionally concluded should address these issues,” the competition watchdog added.
“We have presented remedies that we believe fully address the CMA’s remaining concerns regarding game streaming in the ‘cloud’, and we will continue to work to obtain permission to conclude before the deadline of 18 October,” said Brad Smith, vice president and president of Microsoft.
The CMA previously vetoed the deal, saying it could lead to higher prices, less choice and less innovation for UK players. The new offering means that Microsoft cannot limit access to key Activision content to its own cloud gaming service or deny these games to its competitors, the regulator stressed.
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