Another obstacle to buying Activision Blizzard; The European Union is coming!

Reuters recently reported that the European Commission is likely to issue a warning to Microsoft over its acquisition of Activision Blizzard. The $69 billion deal has so far been investigated by several regulatory bodies, including the United States Federal Trade Commission (FTC), the UK Competition and Markets Authority (CMA) and the European Union Commission. Now it seems that the company will receive a list of concerns arising from the finalization of the Activision Blizzard purchase agreement.

The European Commission will share a statement of objections with Microsoft outlining the problems with its acquisition of Activision Blizzard. Reuters reported that the commission is preparing the warning and is expected to send it to the Redmond-based tech giant in the coming weeks.

The European Commission has until April 11, 2023 (April 22, 1402) to make a decision on the purchase of Activision Blizzard. It is expected that the decision of the European Union will have an impact on the way forward for this deal.

Microsoft says:

Microsoft is expected to present several solutions to the EU and the CMA. The company also has a 10-year commitment to bring the popular Call Of Duty game to Nintendo Switch and Steam, possibly in an attempt to sway regulatory agencies. Brad SmithThe head of Microsoft proposed to sign a similar agreement with Sony so that this popular game franchise would remain available on PlayStation.

Windows Central In November 2022, he published a report arguing that the European Union’s position on Microsoft’s deal with Activision Blizzard was compromised. This report focuses on controversial statements Ricardo Cardoso, Vice President of the Inter-Institutional and Development Unit focused on the European Union. The report also mentioned the many complications of this transaction.

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