Microsoft’s acquisition of Activision Blizzard has been news that has been heavily scrutinized and criticized for over a year. Courts in the US, UK and EU opposed this purchase, and the situation turned into a mess for Microsoft.
Sources close to the EU’s European Commission said the agency’s MicrosoftIt is stated that it will not ask . to sell any assets to obtain purchase approval. This decision will give Microsoft a much-needed chance to complete the acquisition.
Microsoft can’t solve everything with money
Some from the European Commission (EC) told Reuters that they would not want the courts to sell any assets to secure Microsoft’s $69 billion acquisition of Activision Blizzard, which will likely take place.
Since the much-discussed merger was announced in January 2022, it has been the focus of the US Federal Trade Commission (FTC), the UK’s Competition and Markets Authority (CMA) and the EU’s EC.
According to the report, by providing licensing agreements to competing companies and platforms, Microsoft will be allowed to overcome any court concerns. With this move, initially Call of Duty Fears of limited access to successful, cross-platform titles such as the series will also dispel antitrust concerns with the merger. antitrust laws, It is the name given to laws enacted and enforced by market regulators to prevent monopolization or attempts at monopolization by a single entity or provider.
What do you think about this merger, which will increase the competition between Microsoft and Sony?
Source link
