https://pledgetimes.com/microsoft-a...nd-new-zealand-postpone-acquisition-verdicts/
As for New Zealand, this is yet another postponement by the Commerce Commission, the third to be exact. The request for evaluation was examined on 27 July with the date for communicating a response set for 11 August, subsequently postponed first to 2 September and later to today, 9 September. The New Zealand Antitrust Authority has announced that it has decided to further extend the investigation until11 November.
The antitrust of Australia instead began its investigation on June 16 and should have revealed its decision on September 15. However, a few hours ago the Australian Competition & Consumer Commision website announced that the procedure was suspended pending receiving new information from Microsoft, with the new date yet to be defined.
As reported a few days ago on our pages, the UK CMA has also decided to extend its investigations due to the concern of a possible anti-competitive situation that could be created if Activision Blizzard were incorporated by Microsoft. It must be said, however, that all these postponements are partly justified by the scope and importance of this operation. For the moment, in the world only Saudi Arabia has offered a clear judgment, approving the acquisition.
As for New Zealand, this is yet another postponement by the Commerce Commission, the third to be exact. The request for evaluation was examined on 27 July with the date for communicating a response set for 11 August, subsequently postponed first to 2 September and later to today, 9 September. The New Zealand Antitrust Authority has announced that it has decided to further extend the investigation until11 November.
The antitrust of Australia instead began its investigation on June 16 and should have revealed its decision on September 15. However, a few hours ago the Australian Competition & Consumer Commision website announced that the procedure was suspended pending receiving new information from Microsoft, with the new date yet to be defined.
As reported a few days ago on our pages, the UK CMA has also decided to extend its investigations due to the concern of a possible anti-competitive situation that could be created if Activision Blizzard were incorporated by Microsoft. It must be said, however, that all these postponements are partly justified by the scope and importance of this operation. For the moment, in the world only Saudi Arabia has offered a clear judgment, approving the acquisition.
