Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / MSFT - European Commission sends out lengthy questionnaire in Activision/Microsoft deal


MSFT - European Commission sends out lengthy questionnaire in Activision/Microsoft deal

  • Europe's antitrust regulator sent out a lengthy questionnaire to market participants concerning Microsoft's ( NASDAQ: MSFT ) planned $69 billion planned acquisition of Activision ( NASDAQ: ATVI ).
  • The European Commission sent out the ~90 page questionnaire to third parties in mid-December with responses due this week, according to a Dealreporter item on Tuesday. The regulator is asking about potential measures Microsoft may take to keep Activision Blizzard's ( ATVI ) games exclusive to MSFT and its Xbox platform.
  • The update come as the European Commissio n opened an in-depth review into the mega transaction last month on fears that the deal may "significantly reduce competition." The news also comes after the U.S. Federal Trade Commission earlier this month sued to block the $69 billion deal.
  • Last Monday Bloomberg reported that Microsoft ( MSFT )  offered Sony ( SONY ) the rights to sell Activision Blizzard's popular Call of Duty video game on its P layStation Plus streaming service in an effort to get the deal across the finish line.
  • Sony ( SONY ) has repeatedly said it opposes the merger for a number of reasons, including that it would give Xbox an advantage in console sales, as well as Microsoft's ( MSFT ) Xbox Game Pass streaming service.
  • Earlier this month, Microsoft ( MSFT ) said it had reached a deal with Nintendo ( OTCPK:NTDOY ) that would bring Call of Duty to Nintendo's gaming platforms for 10 years if the merger is approved.
  • The UK's antitrust watchdog also opened an in-depth probe into the Activision/Microsoft deal in September.

For further details see:

European Commission sends out lengthy questionnaire in Activision/Microsoft deal
Stock Information

Company Name: Microsoft Corporation
Stock Symbol: MSFT
Market: NASDAQ
Website: microsoft.com

Menu

MSFT MSFT Quote MSFT Short MSFT News MSFT Articles MSFT Message Board
Get MSFT Alerts

News, Short Squeeze, Breakout and More Instantly...