European Commission formally extended the time in which he must comment on the planned acquisition Activision Blizzard from the side Microsoft. From the original April 11, the deadline is extended by ten days. 25th of Aprilthose. literally a day before the announcement of the British authorities.
It is believed that the European Commission has decided to move on to negotiations with Microsoft on specific commitments that will lead to the approval of the acquisition. According to the MLex investigative agency (via Idas), Microsoft has until March 16 to submit its proposal. A positive opinion could also help Microsoft in a lawsuit filed by the US Federal Trade Commission (FTC).
“We can’t race [s ostatními úřady]. We have to serve certain markets in which we have authority,” he told Bloomberg. European Commissioner for Economic Competition Margrethe Vestager“I think that we have the highest bar in Europe, the most stringent legal norms. (…) The UK system is different, the US system is different. Therefore, even if we look at the same transaction in different markets and under different legal regulations, we will sometimes come to different conclusions.”
On Tuesday, February 21, the final hearings before representatives of the European Commission took place in Brussels. In addition to Microsoft and Activision Blizzard, companies also supported the purchase on it. Nvidia and probably adviser And Valve. She also commented on the deal. European Game Developers Federation. For a long time he was categorically against the acquisition Sony and concerns are expressed i Google. Ultimately, however, the decision of the regulators will be key.
Source :Indian TV
