Reuters: European Commission will send an official objections and justify concerns over the deal with Activision Blizzard to Microsoft
By: Anton Kratiuk | 17.01.2023, 15:09
Not only the U.S. Federal Trade Commission (FTC), but also European Union regulators have serious complaints about the deal between Microsoft and Activision Blizzard.
Here's What We Know
Reuters news agency reports that the European Commission will send Microsoft executives a document in which to present official objections and justify the concerns about the deal with Activision Blizzard.
This document will greatly complicate the already multi-step procedure for the registration of the transaction, and when combined with objections from the FTC could even put an end to the merger of the two gaming giants.
Microsoft has not given up hope of buying Activision Blizzard and continues to cooperate with the world's regulatory commissions.
Go Deeper:
- Google and Nvidia have expressed concerns about the deal between Microsoft and Activision Blizzard
- British Competition and Markets Authority's verdict on Microsoft and Activision Blizzard merger to be heard in late April
- 75% of UK users approve of the deal between Microsoft and Activision Blizzard and do not see it as a threat to the gaming industry