Microsoft's Activision Deal Wins Blessing From One More Regulator - Japan Gives Clean Chit

• On Tuesday, Japan's antitrust watchdog said it did not expect a merger between Microsoft Corp's (NASDAQ: MSFT) and Activision Blizzard Inc (NASDAQ: ATVI) takeover to hamper competition.

• The Japan Fair Trade Commission has notified the companies that it will not issue a cease and desist order and closed its review on the matter, Reuters reports.

• Last week, Britain's competition regulator disclosed that the takeover would not harm competition in gaming consoles. However, the watchdog continues scrutinizing the deal over the possible impact on the cloud gaming market.

• The updated analysis shows that it would not be commercially beneficial to Microsoft to make CoD exclusive to Xbox after the deal.

• The takeover also remains subject to the scrutiny of regulators in the U.S. and Europe.

• Recently Microsoft cut decade-long deals with Nvidia Corp (NASDAQ: NVDA) and Nintendo Co, Ltd (OTC: NTDOF) (OTC: NTDOY) to win over opposition against its Activision deal.

• Price Action: ATVI shares traded higher by 0.19% at $84.49 on the last check Tuesday.

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This article Microsoft's Activision Deal Wins Blessing From One More Regulator - Japan Gives Clean Chit originally appeared on Benzinga.com

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