Monday, November 4, 2024

New Zealand is once again delaying a decision on Activision’s purchase of Blizzard, but this is not a problem for this reason

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As of today, some regulators are set to issue a decision on Activision’s acquisition of Blizzard. A ban on CMA in the UK, after approval by regions such as the EU, China or South Korea, Only a few international organizations are yet to publish a final report About the agreement between Microsoft, one of the most important companies in the industry.

In addition to the FTC’s decision, the other country that has yet to release its final report is New Zealand, which is scheduled to release its final decision on June 9. however, The Sea Nation has again delayed its decision Once again after it has already done so on the previous occasion as there is an initial forecast that the report will be final on April 28.

New Zealand is delaying its decision to buy Activision Blizzard, but that’s not stopping Microsoft

As we can see in a publication made @PostUp_SOG, New Zealand’s decision has been delayed until July 17, a day before Microsoft’s deadline to close its Activision acquisition of Blizzard. However, contrary to what many of us think, this may not be a road block for the two companies to close the acquisition.

As patent expert Florian Müller explains, “When regulators defer their decision on a merger, there comes a point where the parties are free to conclude the deal”. The term freedom mentioned by the expert specifically responds to the truth Approval of the merger does not override the existing orderFor example, one in the United Kingdom after a blockade issued by the CMA.

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Despite the delay in the New Zealand decision, Mueller continues to make sure that it does not stand in the way of Microsoft and Activision Blizzard, as they cannot close the deal by making this decision. . “Parties are beyond the statutory periods to wait for a decision, and there is no lockout decision, so New Zealand is not an issue if the parties want to lock up now.”. So, despite New Zealand again delaying its final report, Microsoft can close its purchase of Activision Blizzard with no problem.

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