Brazil has approved the Microsoft Activision Blizzard acquisition, making it one step closer to becoming a reality.
In order to make the acquisition of Activision Blizzard happen, representatives of Microsoft have been travelling across the world to argue their case against regulators. Once such regulators were those in Brazil.
Microsoft Activision acquisition has passed one hurdle
As reported by MP1ST, video game data analyst and journalist Benji-Sales shared an image of the document seemingly confirming Brazil’s approval. The document in question is from the Administrative Council for Economic Defense (CADE).
The translation by Google Translate reads:
“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. Publish yourself.”
However, Benji-sales had doubts as to whether the document was legit. Thankfully, residents of Brazil believe the document and confirmation to be genuine. Senior Editor at The Verge, Tom Warren has also collaborated with the reports.
It’s legitimate benji. I was just now checking the law that they was referring.— Pedro (@pedro_pparaujo) October 5, 2022
And it was approved without restrictions. pic.twitter.com/DqE8DCB2us
Microsoft Activision acquisition is not a done deal, yet
However, just because Brazil has approved the acquisition, it doesn’t mean that the job is done. Microsoft still has to gain the approval of regulators from other parts of the world such as the UK and the European Union.
Recently, PlayStation CEO Jim Ryan reportedly flew to Brussels to voice his concerns over the potential takeover as well as the fear of Call of Duty becoming an Xbox first-party series. This is despite Microsoft representatives telling Brazil regulators that making Call of Duty exclusive to Xbox wouldn’t be profitable.
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Featured Image Credit: Activision/Microsoft/Source: MP1ST