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EU regulator extends deadline for Microsoft Activision merger

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EU regulator extends deadline for Microsoft Activision merger

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EU regulator extends deadline for Microsoft Activision merger

On Wednesday, March 1st, the EU competition regulator announced that it had decided to postpone its preliminary decision deadline on Microsoft’s agreement with Activision Blizzard until April 25th.

What is known

The move comes a day after EU antitrust chief Margrethe Vestager said global regulators should not compete to be the first to reach a conclusion on such large deals.

The UK Competition and Markets Authority (CMA) said last month that Microsoft’s deal with Activision could reduce competition and “result in higher prices, less choice or less innovation” for gamers. However, the commission also said it would take into account Microsoft’s behavioral measures, such as making Call of Duty available on all platforms. Also in December, the US Federal Commission announced plans to file a lawsuit to block the merger, so it seems that the situation is not in Phil Spencer’s favor so far.

Source: videogameschronicle.com



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