EU will reportedly object to Microsoft-Activision Blizzard deal


Microsoft’s acquisition of Activision Blizzard will face an antitrust problem within the European Union, Reuters reported in the present day.

The information outlet’s sources stated the European Fee is making ready a press release of objections across the deal that it’ll ship to Microsoft in a matter of weeks.

It has beforehand set an April 11 deadline to decide on whether or not the acquisition can undergo.

The Fee declined to remark to Reuters, whereas a Microsoft representive stated, “We’re persevering with to work with the European Fee to deal with any market issues. Our purpose is to deliver extra video games to extra folks, and this deal will additional that purpose.”

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The European problem joins a proper objection from the US Federal Commerce Fee, which filed to dam the acquisition final month.

The UK Competitors and Markets Authority remains to be conducting the second part of its investigation into the proposed acquisition, and earlier this month prolonged its deadline for finishing that course of to April 26.

The UK CMA is because of present Microsoft and Activision Blizzard with its provisional findings by the center of February, with attainable treatments to deal with any issues and additional hearings happening in March.

For extra on the deal, learn although our rundown of occasions across the Microsoft-Activision Blizzard acquisition.

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