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The UK's Competition and Markets Authority (CMA) stated its intent to perform a higher-level review of the acquisition in August 2022. The phase 1 ruling, issued on September 1, 2022, said that the merger "may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom".
Under Blizzard Entertainment, it invested in esports initiatives around several of its games, most notably Overwatch and Call of Duty. Activision Blizzard's titles have broken a number of release records. [9] [10] [11] As of March 2018, it was the largest game company in the Americas and Europe in terms of revenue and market capitalization. [12]
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Overwatch achieved a high level of popularity as an esport in South Korea, with the first game surpassing League of Legends and topping gaming cafés in the country in terms of player count. [41] The game also influenced the creation of an esports tournament in the region, under the brand name "APEX", which operated until January 2018. [42]
Blizzard Entertainment, Inc. is an American video game developer and publisher based in Irvine, California, and a subsidiary of Activision Blizzard.Originally founded in 1991, the company is best known for producing the highly influential massively multiplayer online role-playing game World of Warcraft (2004), as well as the multi-million selling video game franchises Diablo, StarCraft and ...
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Overwatch (retroactively referred to as Overwatch 1 [b]) was a 2016 multiplayer first-person shooter video game by Blizzard Entertainment. The game was first released for PlayStation 4 , Windows , and Xbox One in May 2016 and Nintendo Switch in October 2019, with cross-platform play supported across all platforms.
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