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ARTICLE · 12 MARCH 2024

TCA's Reasoned Decision On Microsoft's Acquisition Of Activision Blizzard

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After a year and a half-long assessment of the deal, the TCA finally published its reasoned decision dated 13 July 2023 and 23-31/592-202 regarding Microsoft's acquisition of Activision Blizzard...

TurkeyAntitrust/Competition Law
Lara Akça
Lara Akça
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After a year and a half-long assessment of the deal, the TCA finally published its reasoned decision dated 13 July 2023 and 23-31/592-202 regarding Microsoft's acquisition of Activision Blizzard, a leader in the fast-paced gaming industry, known for developing extremely notable games such as Call of Duty, Candy Crush, and World of Warcraft. The transaction, valued at USD 68.7 billion, raised many questions worldwide, as Microsoft would become the world's third-largest gaming company posttransaction by revenue, trailing behind its biggest competitors, namely Tencent and Sony. Accordingly, multiple leading competition authorities worldwide, such as the European Commission ("Commission"), the Competition and Markets Authority, and the Federal Trade Commission, publicly expressed their competitive concerns regarding the deal alongside the TCA.

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