Synopsis Britain's Competition and Markets Authority (CMA) in February said the deal could weaken the rivalry between Microsoft's Xbox and Sony's PlayStation, and stifle competition in cloud gaming. Reuters Microsoft last month struck a similar deal with Nvidia Corp's gaming platform, dependent on it getting the go-ahead for the much-contested acquisition Microsoft said it would licence Activision Blizzard's " Call of Duty " (CoD) to Sony for 10 years to address concerns raised by Britain over its $69-billion takeover of the maker of the game, according to a document published by the regulator. Microsoft last month struck a similar deal with Nvidia Corp's gaming platform , dependent on it getting the go-ahead for the much-contested acquisition. Microsoft President Brad Smith had said he hoped that rival Sony - which has strongly opposed the takeover - would consider doing the same type of deal. Britain's Competition and Markets Authority (CMA) in February said the deal could weaken the rivalry between Microsoft's Xbox and Sony's PlayStation , and stifle competition in cloud gaming. It suggested that structural remedies could be needed to allay its concerns, including divesting the business associated with 'Call of Duty. ' Microsoft, in its response to the CMA's findings, said the package of remedies it would offer protected all CoD players in Britain and provided substantial benefits to consumers and developers. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories "Microsoft is proposing a package of licensing remedies which (i) guarantee parity between the PlayStation and Xbox platforms in respect of CoD and (ii) ensure wide availability of CoD and other Activision titles on cloud gaming services," Microsoft said in the document published on Wednesday. It added that it believed that the criteria for the CMA to consider behavioural remedies, such as those offered, had been met. Sony, in its own submission to the CMA, rejected Microsoft's proposals, saying the only way to preserve competition in consoles and cloud gaming was to block the deal or subject it to a structural remedy, such as making Microsoft sell CoD. The biggest-ever deal in gaming, announced in January last year, is facing scrutiny in the United States and in Europe. Microsoft is expected to secure EU antitrust approval with its offer of licensing deals to rivals, three people familiar with the matter told Reuters earlier this month, helping it to clear a major hurdle. The CMA will rule on the deal on April 22. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. click here! Thursday, 09 Mar, 2023 Experience Your Economic Times Newspaper, The Digital Way! Read Complete Print Edition » Front Page Pure Politics Disruption Companies & Economy More Short-term Yields Up, Re Down After Powell Rate Signal Bond yields at the shorter end of the curve exceeded those of long-tenor sovereign debt in India while the rupee retreated Wednesday, reflecting the likelihood of outflows from local assets after the US Federal Reserve indicated rates would continue to harden. India to Top China as Walmart’s Largest Int’l Market in ’23: CFO India is likely to surpass China and emerge as the largest international market for Walmart this year, a top company executive said. Sebi Mulls PCVs to Offer Long Funding Amid allegations of fierce valuation games that drive startups to dress up numbers and venture capitalists to spin stories to investors, the idea of permanent capital vehicles (PCVs) to offer long, patient funding to unlisted outfits of Indian entrepreneurs is being explored. Read More News on sony call of duty call of duty sony microsoft microsoft activision blizzard Microsoft Nvidia deal microsoft's xbox sony's playstation microsoft benefit developers call of duty licence sony Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. . . . more less ETPrime stories of the day Strategy A balancing act: key takeaways for India from G20 ministers’ meeting 7 mins read Investing Growth will be theme in 2023; manufacturing to offer opportunities: Neelesh Surana of Mirae Asset 5 mins read 4 insights to start your day, featuring Iran’s lithium discovery 5 mins read Subscribe to ETPrime.