The Second European Investigation of Microsoft’s Activision Acquisition Begins
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Following an in-depth evaluation by the UK’s Competition and Markets Authority (CMA) a month in the past and warnings to Microsoft, the European Commission begins its re-evaluation into Microsoft’s Activision acquisition. Confirmed by The Verge earlier today, the investigation has been the most recent among the many fixed controversies relating to the Microsoft Activision deal.
According to The Verge, the investigation is about to have a November eighth “provisional deadline.”
The acquisition of Activision by Microsoft, whereas wonderful to some, drew ire and fear to a lot of the online game neighborhood and past. UK’s CMA who performed the in-depth evaluation almost a month in the past, expressed their very own fear that the deal would prohibit the precious content material from different gaming platforms posing a threat to markets together with console and cloud gaming.
The European Commission has began reviewing Microsoft’s Activision Blizzard acquisition. Regulators within the EU have set a November eighth provisional deadline. Details right here: https://t.co/tScOzE2uXk pic.twitter.com/opgJY3w1YU
— Tom Warren (@tomwarren) September 30, 2022
Microsoft has remained agency on their stance on the deal even after the CMA raised its preliminary issues, whereas conscious and prepared to cooperate with the CMA. In the current announcement, Microsoft continues to be agency with that assertion saying that “the deal is progressing in line with the expected regulatory schedule and process, and we remain confident that the acquisition will close in fiscal year 2023.”
As the investigation will get underneath full swing, it gained’t be till early November until we hear the European Commision’s verdict. Hopefully by that time Microsoft will proceed to be prepared to work with the federal government our bodies, regardless what resolution they make.
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