In the Phase 1 Decision, the CMA found that there was a realistic prospect of an SLC in gaming consoles (together with their digital storefronts) as a result of the Merged Entity engaging in foreclosure strategies such as (i) making Activision content unavailable on rival consoles (ie exclusive to Xbox), (ii) making Activision content available for release on rival console gaming platforms at a later date compared to Xbox (ie timed exclusivity), (iii) degrading the quality of Activision gaming content available to rival console gaming platforms, (iv) making features or upgrades of Activision games unavailable to other console gaming platforms (ie content exclusivity), and/or (v) raising the wholesale price of Activision content on rival consoles' gaming platforms