The European Union is preparing to challenge Microsoft’s acquisition of Activision Blizzard
A new report has emerged indicating that the European Union plans to file a statement of objection to Microsoft’s acquisition of Activision Blizzard.
As the report indicated Reuters According to a source familiar with the matter, Microsoft is about to receive an antitrust warning from the European Union over its acquisition of the Call of Duty and World of Warcraft publisher in a deal valued at $68.7 billion, adding another complication for Microsoft.
It is expected that the objection statement will be sent in the coming weeks, knowing that Microsoft has confirmed that it is confident of the success of the deal, and has confirmed that it is working with the European Commission to address any concerns regarding the acquisition related to the market.
The acquisition deal has been challenged by many parties around the world, including US senators, New York City, the US Department of Justice, and finally the Federal Trade Commission, which sued to block the deal last December.
The UK government’s Competition and Markets Authority had to extend its investigation into the deal earlier this month due to its complexity and the lengthy responses provided by both Microsoft and Sony.