ATVI - EU opens in-depth investigation into Microsoft's planned $69B acquisition of Activision
The European Commission said on Tuesday it was opening an in-depth investigation into Microsoft's ( NASDAQ: MSFT ) planned $69B acquisition of Activision Blizzard ( NASDAQ: ATVI ) on fears that the deal may "significantly reduce competition."
In a statement , the Commission said concerns have cropped up that the deal would lessen competition in a number of markets, including console and PC games, subscription and cloud game streaming services, as well as for PC operating systems.
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EU opens in-depth investigation into Microsoft's planned $69B acquisition of Activision