Highlights

  • Microsoft's Activision acquisition under antitrust investigation
  • The company is interested in Activision's games
  • The Commission indicates that the transaction may reduce competition

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Microsoft's Activision Blizzard acquisition faces EU antitrust investigation

Microsoft will work with the EU antitrust authorities to address market concerns.

Microsoft may have to make concessions to assuage EU antitrust worries over its $69 billion (~₹5,62,500 crore) bid for Call of Duty developer Activision Blizzard, after regulators launched a full-scale probe on Tuesday and issued a warning about the deal's potential impact.

The US software giant, which announced the acquisition in January, is banking that Activision's portfolio of games would help it compete more effectively with market leaders Tencent and Sony, the latter of which is critical of the transaction.

The European Commission claims that the preliminary investigation of the Commission indicates that the transaction may significantly reduce competition on the markets for the distribution of console and PC video games, including multigame subscription services and/or cloud game streaming services, and for PC operating systems.

Microsoft stated that it would collaborate with the EU antitrust regulator to resolve legitimate market concerns.

The EU competition enforcer stated that a decision about the deal's approval or rejection would be made by March 23, 2023.

Reuters reported on October 31 that Microsoft would be subject to a comprehensive EU investigation following its refusal to give remedies during the preliminary EU evaluation of the merger.

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