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EU seeks feedback on Microsoft’s Activision remedies for UK watchdog | Reuters News Agency

Posted on September 12, 2023 By Admin No Comments on EU seeks feedback on Microsoft’s Activision remedies for UK watchdog | Reuters News Agency


Business & FinanceEntertainment & LifestyleTechnology

12 September 2023, 6:21 pm 1 minute

Reuters exclusively reported that EU antitrust regulators are asking Microsoft’s (MSFT.O) rivals and customers whether they are affected by the U.S. tech giant’s proposals to gain UK approval for its $69 billion acquisition of Activision Blizzard (ATVI.O). The European Commission had cleared the deal in May after Microsoft agreed to license popular Activision games such as “Call of Duty” to rival game-streaming platforms.That clearance was given before Microsoft proposed the Ubisoft deal to appease the UK regulator. 

Market Impact

Microsoft last month offered to sell its cloud streaming rights to Ubisoft Entertainment (UBIP.PA) after Britain’s Competition and Markets Authority (CMA) blocked the biggest gaming deal in history 

Article Tags

Topics of Interest: Business & FinanceEntertainment & LifestyleTechnology

Type: Reuters Best

Sectors: Business & FinanceRetail & Consumer GoodsTechnology

Regions: Europe

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story



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