March 22, 2023

The European Fee has prolonged the deadline for Microsoft’s acquisition of Activision Blizzard for $69 billion.

In a submitting Thursday, the EU competitors regulator stated it had pushed again the tentative deadline for a choice on the deal from April 25 to Might 22 after Microsoft submitted treatments in a bid to get its approval.

Whereas particulars of the protections supplied haven’t been made public, Microsoft just lately introduced a number of partnerships to deliver Name of Responsibility to new consoles and cloud gaming platforms if the deal is authorised.

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“We delivered on our promise to deliver Name of Responsibility to extra avid gamers on extra units with agreements to deliver the sport to the Nintendo console and cloud sport streaming companies supplied by Nvidia, Boosteroid and Ubitus,” a Microsoft spokesperson stated. .

“We at the moment are backing that promise with binding commitments to the European Fee, guaranteeing that this deal will profit avid gamers going ahead.”

The EU will now solicit suggestions from opponents and clients earlier than deciding to merge.

Reuters has beforehand reported that the European Fee is unlikely to require the sale of property as a part of the deal’s approval course of.

Three individuals who had been reportedly acquainted with the matter stated the Xbox maker’s willingness to supply sport licensing offers to rivals would possible assist remedy EU antitrust issues.