The European Commission, the UK Competition and Markets Authority and the US Federal Trade Commission are continuing to investigate Microsoft’s nearly $69 billion acquisition of Activision Blizzard.
The first regulator extended the publication of the preliminary decision by 10 days until April 25 this year. He also said that given the scale of the deal, global regulators should not rush into a decision.
Margrethe Vestager, head of the EU competition authority, said in an interview with Bloomberg that Xbox’s connection to Activision Blizzard affects various markets. Another system exists in Europe, another in the United Kingdom and another in the United States of America. For this reason, the authorities may come to different results..
Last week, Microsoft met with EU antitrust officials, Sony and other companies in Brussels. At the end of this day Microsoft has announced that it has reached an agreement with Nintendo and Nvidia., so not only Call of Duty is available on the Nintendo platform and the GeForce Now cloud service. Microsoft intends to bring more of its own games to platforms. The process has already begun.
Source: MicrosoftMicrosoft reaches agreement with Nvidia, but Sony still at odds
On the contrary, Microsoft and Activision Blizzard were supposed to meet with British authorities this week, Bloomberg sources say. The lawyers were to discuss the office’s findings and assess the feasibility of the proposed corrective measures.
Bloomberg claims that Microsoft Ready to Hire Agency to Monitor Compliance with Consensus Behavior Correction Measures. This may include contracts with Nintendo and Nvidia. According to some lawyers, this will be enough to convince individual authorities to approve the acquisition.
The British authorities have until 26/04/2023 to make a decision.
Source :Indian TV
