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Microsoft – Activision Deal Draws More Regulatory Attention – – Press Release

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  • microsoft corp MSFT $75 billion video game maker acquisition Activision Blizzard, Inc ATVI under intense scrutiny in Brussels and the UK, The Financial Times reports.
  • There were growing concerns that the deal was anti-competitive and would bar competitors from accessing the blockbuster Call of Duty game.
  • The UK’s Competition and Markets Authority is likely to launch an in-depth investigation this week pending remedies from Microsoft, as the CMA typically favors significant concessions in the first phase. Reuters reports.
  • This is followed by the official examination Sony Group Corp SONY last week Microsoft accused it of misleading the gaming industry and regulators about its promises to keep Call of Duty on PlayStation consoles.
  • Microsoft has pledged to continue making Call of Duty available on gaming consoles from other companies, such as PlayStation, rather than turning it into an exclusive title on Microsoft’s Xbox.
  • The US big techs and the Chinese big techs are under intense scrutiny worldwide to exploit their influence on the smaller players.
  • Price promotion: MSFT shares traded 0.93% lower at $243.09 on the last check Friday premarket.
  • Photo via Wikimedia Commons

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