European Commissionaccordingly, the competition authorities of the European Union must decide on the issue of the planned acquisition Activision Blizzard from the side Microsoft until April 11th. After the American giant received the so-called. statement of objections, has requested a hearing before the relevant European authorities, to be held on 21 February. This is reported by Reuters.
Microsoft has previously said that it believes it could come to an agreement with the European Union and propose such measures to get the deal through. Undoubtedly, these include, for example, the obligation to publish Call of Duty ten years on the PlayStation and bring the brand to the Nintendo Switch.
The final decision of the European authorities may significantly affect the legal proceedings initiated by the US Federal Trade Commission (FTC) and which should start only in August. Microsoft is concerned that the EU is formulating its arguments differently and softer than the FTC.
British expression can have the same effect Competition Authority (CMA)due to arrive April 26th. While the CMA expresses concerns about the business in its preliminary report and offers Microsoft as one option, such as selling the Call of Duty brand or part of Activision Blizzard, it acknowledges that Microsoft’s previous commitments may also be sufficient.
The head of PlayStation also dealt with European authorities several times. Jim Ryanwhereas Sony is one of the biggest critics of the planned acquisition. The companies also voiced their concerns. Google or Nvidia.
Source :Indian TV
