The antimonopoly regulator of New Zealand announced that it does not object to the sale of Activision Blizzard to Microsoft.

The antimonopoly regulator of New Zealand has moved up the date by which it should render a verdict on the deal between Microsoft and Activision Blizzard. He decided to check again whether the purchase would damage competition in the country’s cloud gaming market.

The New Zealand government has introduced a tax break for local game studios. It will reimburse them 20% of the costs incurred during the development of games.

The co-founder of Valve claims that due to remote work, the company’s productivity has fallen to 50-75%. As a solution to the problem, he considers the relocation of developers to New Zealand, where the strictest quarantine measures almost coped with COVID-19.

The income of the New Zealand game dev for the 2019 fiscal year exceeded $131 million. Since 2017, the turnover of the local industry has more than doubled.

In 2018, the turnover of the general gaming market of Australia and New Zealand has grown significantly. It amounted to $3.1 billion. The Australian segment has achieved particular success here.