The UK’s Competition and Markets Authority has delayed plans to publish its final report on Xbox’s proposed acquisition of Activision Blizzard by up to eight weeks
Explaining the decision to delay its final report, inquiry group chair Martin Coleman said the CMA “considers that there are special reasons why the report cannot be prepared and published within the original reference period”.
He added: “In taking this decision, the Inquiry Group had regard to the scope and complexity of the investigation and the need to consider a large volume of evidence as well as main party and third party submissions, the necessity to allow sufficient time to take full and proper account of comments that will be received in response to the Inquiry Group’s provisional findings in due course and to reach a fully reasoned final decision in the statutory timeframe.
The CMA has spent the last few months gathering evidence, issuing questionnaires, and holding hearings with the relevant parties. It plans to notify them of its provisional findings and possible remedies to any competition concerns it may still hold in late January/early February.UK regulator says public responses to Xbox’s Activision deal were mostly supportive of the mergerThe final deadline for all parties’ responses will be in March, ahead of the publication of the CMA’s final report.
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