Japan approves Microsoft’s Activision Blizzard takeover

March 29, 2023
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Japan’s JFTC has approved Microsoft’s proposed $69bn takeover of Activision Blizzard.

In a press release on its website, the JFTC “reviewed the transaction and reached the conclusion that the transaction is unlikely to result in substantially restraining competition in any particular fields of trade. Accordingly, the JFTC has notified the Parties that the JFTC will not issue a cease and desist order, resulting in the completion of its review.”

Japan joins the likes of Brazil and Saudi Arabia to approve the merger, while the deal remains under review across the world.

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