It appears that the European Union has concerns about the acquisition of Activision
Resistance to a multi-billion dollar Microsoft takeover is growing. According to an insider, the EU will send the software company a list of its concerns.
Microsoft announced the acquisition of Activision Blizzard about a year ago to stand up to competitors like Sony.
Photo: Michael Ciaglo/Bloomberg
A source familiar with the matter said on Monday that the European Union will soon send the US software company a list of its concerns. The competition watchdog wants to decide by April 11 whether to approve the $69 billion deal. The European Union declined to comment on the matter. Microsoft confirmed that it wanted to discuss potential concerns with the authorities and stick with the acquisition. According to previous statements from insiders, the company is ready to make concessions.
About a year ago, Microsoft announced the purchase of Activision Blizzard, makers of video games like “Call of Duty” and “Candy Crush,” in order to compete against rivals like Sony. The group will become the third largest provider in this field. In addition to the European Union, US antitrust authorities also fear weak competition. Players also move to the barricades and have filed a lawsuit in the United States.
Reuters
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