South Africa approves Microsoft’s proposed takeover of Activision

The Competition Commission of South Africa held its ordinary meeting on Tuesday, 11 April 2023, to review and take decisions on matters brought before the Commission by members of the public and corporate applicants, in terms of the Competition Act as amended. The Commission has recommended that the Competition Tribunal approve the proposed transaction whereby Anchorage intends to acquire Activision (ATVI), without conditions. The primary acquiring firm is Anchorage, a company registered in accordance with the General Corporation Law of the State of Delaware. Anchorage is a wholly owned subsidiary of Microsoft (MSFT). In South Africa, Microsoft controls Microsoft Proprietary Limited and Microsoft 1968 South Africa Proprietary Limited. Anchorage does not control any firm/s in South Africa, whether directly or indirectly. Anchorage, Microsoft and all firms controlled by Microsoft are collectively referred to as the "Acquiring Group."