Microsoft has decided to go a step further in the acquisition of Activision Blizzard by Xbox by presenting it to the competition regulator in the EU. Now the European Commission has set a deadline of November 8 to rule on the deal.
microsoft has officially presented to the European Comission its acquisition proposal for which Xbox it would be done with Activision Blizzard, which has a bit of ballast behind it.
Even so, and as they say from VGCthe European competition control body confirmed that it had established a provisional deadline until November 8 to clear up its doubts and give a verdict.
With this there would be two cases, one of them authorizing the operation of 68,700 million dollars and the other entering a second phase that would include a more detailed investigation.
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Over the next few weeks, said European Commission is going to analyze the purchase deal during what is called “phase I“of review.
The point of all this is to decide whether the merger would significantly reduce competition in the market, such as creating dominant companies that might increase prices for consumers.
If despite all this and after investigation there are still concerns about the deal, the commission will launch phase II. This will give a deeper analysis of the effects of the merger on competition.
A report from financial times this month, regulators and others involved in the merger of Microsoft and Activision They await a lengthy investigation by the European Union.
“It’s a big deal, a tough one“A Brussels source who said he was familiar with the transaction told the publication. “Need a thorough investigation“.
The purchase of Xbox by Activision is well seen from Microsoft
this same European Comission It was already in charge of reviewing and approving the purchase of Bethesda, all after Microsoft requested the approval of the purchase agreement by ZeniMax.
Although during September 2022 news was seen such as that this will be investigated again by the CMA in the United Kingdom and the depth of this in Europe and the UK.
So at the moment the acquisition is being scrutinized by regulators around the world amid antitrust concerns.
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for now Satya Nadella as CEO of Microsoft, is confident that the acquisition of Activision Blizzard will go ahead; all while ensuring that PlayStation is bigger than Xbox.
And this is said perhaps -among other reasons- because Sony was Activision Blizzard’s largest customer in 2020, with Apple and Google below and Microsoft in fourth position.
It is clear that they want to see the xbox logo along with those of Activision, an operation that would see many IPs without the PS4 in them and with those of Xbox One and Xbox Series X | S in addition to PC.
And the players would be delighted with them since the catalog of Xbox Game Pass and Xbox Game Pass Ultimate would continue to grow, a more than perfect service in the xbox series s console for instance.