The European Union is considering warning Microsoft over its Activision-Blizzard deal
January 16, 2023
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Getting Activision-Blizzard according to Microsoft It’s becoming a complicated operation for the Redmond giant. The company behind Windows has the support of the public and institutions of Brazil,
Getting Activision-Blizzard according to Microsoft It’s becoming a complicated operation for the Redmond giant. The company behind Windows has the support of the public and institutions of Brazil, Serbia, Saudi Arabia and Chile, but the US FTC proceeded to file a lawsuit to prevent the completion of the operation, the British CMA showed serious reservations in its phase 1. investigation and the European Union said it was reviewing the situation. We have now found out that European Union He would consider moving the file to send Microsoft an antitrust warning over its Activision-Blizzard deal.
As reported by Reuters, Microsoft likely to receive antitrust warning from European Union over Activision-Blizzard takeover deal in exchange for $69,000 million. If this information is true, it means that the European Commission would prepare a statement of allegations confirming its concerns about the said deal, which will be sent to Microsoft in the coming weeks. Antitrust Agency The European Union has set April 11, 2023 as the deadline make the final decision.
Microsoft has already responded to the possible move by saying that the following “cooperation with the European Commission in solving any market problems. Our goal is to bring more games to more people, and this deal will support that goal.“. We remind you that the company that owns Xbox expects to complete the purchase process during the first half of 2023.
Reuters reported that this was not expected the antitrust authority of the European Union is open to remedies without first presenting its indictment, though that doesn’t mean there aren’t any casual conversations. In other words, the community body seems intent on warning first and then seeing what Microsoft proposes to approve its Activision-Blizzard deal.
To circumvent objections from the United States, the United Kingdom, and the European Union, Microsoft has pledged that at least some of Activision-Blizzard’s core franchises have a strong cross-platform presence.. To this end, he first offered to share Call of Duty for three years with Sony PlayStation, a proposal that was increased to ten years after the Japanese company’s initial rejection. Faced with Sony’s rejection, Microsoft decided to make a deal with Nintendo, which accepted it. Obviously, the big N of video games could hardly say they didn’t see that Call of Duty isn’t a saga that has a strong presence on its platforms.
We’ll see how events unfold, but if the FTC, CMA, or European Union say a definitive no, the Microsoft-Activision-Blizzard deal has a good chance of falling on deaf ears.
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