Published 10/06/2022, 2:24 AM EDT Ever since it was first announced, the biggest proposed acquisition in the history of gaming has attracted a lot of attention across the globe.
Microsoft is leaving no stone unturned in making sure that it seals the deal, worth $68.
7 billion, with Activision Blizzard to merge it with Xbox.
ADVERTISEMENT Article continues below this ad Now it looks like the efforts are really starting to show results.
According to the latest updates, the South American regulatory body has greenlit the Xbox-Activision Blizzard deal.
ADVERTISEMENT Article continues below this ad Call of Duty and Activision Blizzard move closer to team up with Xbox As reported by VGC, the South American regulatory body recently became among the first to approve the proposed acquisition.
The Administrative Council for Economic Defense (CADE), on Wednesday, passed the merger without any kinds of restrictions.
Call of Duty was, without a doubt, a crucial factor for CADE while giving its approval.
Before coming to any thorough decision, the regulatory body even mentioned the gaming franchise and its significance for both the Xbox and PlayStation platforms.
It stated that “if Activision Blizzard games were no longer available on Sony consoles, PlayStation users could decide to migrate to Xbox, or even a PC, to continue having access to franchise games,” VGC reported.
DIVE DEEPER From Call of Duty to a Plague Tale – Every Major Xbox Title Releasing in October 2022! Industry insider Benji also added a crucial detail regarding the big update.
Per his tweet, CADE added that it wasn’t their role or responsibility to protect the interests of Sony/PlayStation.
ADVERTISEMENT Article continues below this ad Coming back to the verdict, then CADE revealed that it does not believe that if a franchise like Call of Duty becomes Xbox exclusive, it will present “a risk to competition in the console market as a whole.
” This news comes after Saudi Arabia‘s General Authority for Competition, in August, expressed no objection for the proposed Xbox-Activision Blizzard merger.
It will be interesting to see how other organizations, in the coming months, react to the acquisition plans of Microsoft. ADVERTISEMENT Article continues below this ad What are your predictions for this massive deal? Do you think Xbox will eventually join the CoD publisher by mid 2023 if things accordingly? Let us know in the comments down below? WATCH THIS STORY: The Best PlayStation, Xbox, and PC Games Based on Popular Novels
