Posted on Feb 8, 2023
Microsoft's $69 billion Activision takeover in doubt as UK regulator raises competition concerns
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"The British competition regulator says that Microsoft’s $69 billion acquisition of gaming giant Activision Blizzard could harm competition in the U.K. gaming market, and that it could move to block the deal."
Microsoft's $69 billion Activision takeover in doubt as UK regulator raises competition concerns
Posted from cnbc.com
United Kingdom
Microsoft
Regulation
Posted >1 y ago
Responses: 2
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LTC Eugene Chu
..."The Microsoft-Activision deal also faces scrutiny in the U.S. and European Union.
Stateside, the Federal Communications Commission is seeking to block the purchase on competition grounds, while the European Commission also has a competition investigation into the transaction. The commission recently filed a charge sheet, known as a statement of objections, setting forth its concerns about the deal, according to Reuters."...
..."The Microsoft-Activision deal also faces scrutiny in the U.S. and European Union.
Stateside, the Federal Communications Commission is seeking to block the purchase on competition grounds, while the European Commission also has a competition investigation into the transaction. The commission recently filed a charge sheet, known as a statement of objections, setting forth its concerns about the deal, according to Reuters."...
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