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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