Microsoft ‘confident’ it can address EU concerns after receiving antitrust warning over Activision deal
THE COMPANY SAYS IT’S COMMITTED TO “FINDING A PATH FORWARD” FOR THE $69 BILLION ACQUISITION
has said it’s “confident” it can address EU concerns after being issued with an antirust warning over its proposed acquisition of Activision Blizzard
As expected, this week the EU issued Microsoft with a charge sheet
setting out its concerns about the $69 billion deal, Politico
In response to the EU’s statement of objections, Microsoft told the publication it is committed to “finding a path forward” for the deal.
“We are listening carefully to the European Commission’s concerns and are confident we can address them,” a spokesperson said.
What would be the games industry’s biggest ever deal by far
has been met with fierce opposition from Sony and concerns from European
While the EU’s charge sheet hasn’t been publicly released, regulators have expressed concerns that the acquisition could significantly reduce PlayStation’s ability to compete
given that it would see Microsoft gain ownership of the Call of Duty series, which Sony has called “irreplaceable”
In a bid to address these concerns, Microsoft recently said it had offered Sony a 10-year, legally enforceable contract
to make each new Call of Duty game available on PlayStation the same day it comes to Xbox
Sony Interactive Entertainment
CEO Jim Ryan reportedly met EU antitrust boss
Margrethe Vestager last week to discuss the company’s concerns about Microsoft’s plans.
Shortly after, Microsoft accused Sony of misleading the EU regulator
over its commitment to keeping Call of Duty on PlayStation, should the acquisition be approved.
The European Commission is scheduled to rule on the deal by April 11.
The company says it’s committed to “finding a path forward” for the $69 billion acquisition…