Japan Approves Microsofts Activision Blizzard Acquisition
Summary
The Japan Fair Trade Commission (JFTC) announced it has no issues with Microsofts Activision Blizzard acquisition and it will not be blocking the deal. It determined that the "conduct of this case would not substantially restrain competition in certain fields of trade," said the JFTC via Google Translate. The JFTC stated the deal didnt violate any anti-competition legislature and it the merger "falls under the safe harbor criteria for vertical business combinations." "There are competing businesses, and games are distributed in digital format, so it is unlikely that there will be a shortage of supply capacity," added the JFTC. Microsoft has recently announced it has signed multiple 10-year deals to bring Xbox games on PC to three cloud streaming services - Nvidias GeForce Now, Boosteroid, and Ubitus.
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