Sources told Reuters and Politico this week that Microsoft opted not to provide any concessions to European Commission regulators regarding its plans to acquire Activision Blizzard. As.
Why it matters: Microsoft’s $69 billion bid to acquire the publisher behind Call of Duty and Overwatch is already facing extra scrutiny in the United Kingdom. Now it appears the European Union will bring its investigation into the deal to a new phase.
Sources told Reuters and Politico this week that Microsoft opted not to provide any concessions to European Commission regulators regarding its plans to acquire Activision Blizzard. As a result, the EU’s examination of the bid will enter phase 2 by next week, echoing the deeper scrutiny UK regulators are placing on the acquisition.
A Microsoft spokesperson said the company would keep working with the Commission to address any concerns.
