The EU has reportedly issued a formal warning to Microsoft over the Activision Blizzard deal
Microsoft is seemingly facing more regulatory opposition to its proposed acquisition of Activision Blizzard. According to Politico, the European Union has issued a formal antitrust warning against Microsoft regarding the $68.7 billion deal.
Politico didn’t share exact details about the contents of the warning, but the publication says that in a “statement of objections,” EU officials “laid out the reasons why the deal could threaten fair competition on the video game market.”
In a statement to The Verge, Microsoft spokesperson David Cuddy said, “We are committed to solutions and finding a path forward for this deal. We are listening carefully to the [European Commission’s] concerns and are confident we can address them.” The EU didn’t...
source https://www.theverge.com/2023/2/3/23584621/eu-formal-warning-microsoft-activision-blizzard-acquisition
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