The EU warns Microsoft about its 69 billion acquisition of

The EU warns Microsoft about its $69 billion acquisition of Activision Blizzard

According to online sources, the European Commission is preparing to issue a warning to the American company Microsoft over the deal to buy Activision Blizzard for $69 billion.

    Image Source: Dado Ruvic / Reuters

Image Source: Dado Ruvic / Reuters

According to the source, the conclusion of the audit will be transmitted to Microsoft in the next few weeks. It was previously reported that the European Commission intends to study this issue and, based on the results, to announce its decision no later than April 11. European Commission officials refrain from commenting on the issue.

“We continue to work with the European Commission to resolve market issues. Our goal is to bring more games to more people, and this deal will help achieve that goal.”— commented on this issue in Microsoft.

Recall that in January last year, Microsoft announced its intention to buy Activision Blizzard for $69 billion. The software giant said the deal will help the company better compete in the video game space with other big players like Tencent and Sony. However, regulators in various countries have expressed concern about the likely negative market impact that could result if this transaction goes through. Currently, the Activision Blizzard purchase has been approved by regulators in Brazil, Saudi Arabia and Serbia, while the final decision has yet to be made in the US, UK and several other countries.

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Alan Foster

Alan Foster covers computers and games and all the news in the gaming industry.

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