Another ray of hope for Microsoft as it continues to fight for itself Proposed $69 Billion Activision Merger, according to a new Reuters reportSerbia joined regulators from Brazil and Saudi Arabia in approving the deal. And to counter objections to the merger, the Redmond company could make concessions to EU regulators.
The report mentions a “10-year licensing deal to PlayStation owner Sony” as part of the concessions, though it doesn’t elaborate on what exactly it’s for. However, it probably refers to the first reports Regarding Microsoft extending previous 3-year deal with Sony call of duty for ten years.
The European Commission is expected to issue a statement of objection in January. The said document will reportedly include a formal list of competition concerns, but Reuters says the regulatory process could be cut short by presenting the measures before the document is released. This means that if the measures are accepted, the European Commission could announce its decision on the deal earlier, rather than on April 11 next year.
Earlier this month, the European Union announced putting the merger under intense scrutiny. According to the regulator, it is concerned about potential “criminal tactics” that could “reduce competition in the markets for the distribution of console and personal computer video games and for PC operating systems.”
Another recent hurdle it’s facing regarding its proposed acquisition of Microsoft report good The FTC has filed its own lawsuit, presumably to block the deal. While only a possibility, it could completely force Microsoft and Activision to drop the merger proposal if the agency pushes for suit. In a report in Politico, it has been clarified that both the companies have to close the deal without renegotiating the agreement by July 2023, but an administrative litigation which will take time to resolve, will prevent them from reaching the said target deadline. can stop
Meanwhile, Microsoft expressed its willingness to cooperate with regulators to resolve the concerns.
“As we’ve said before, we stand ready to address the concerns of regulators, including the FTC and Sony, to ensure that the deal closes with confidence,” a Microsoft spokesperson told Games Writer and Enthusiasts. cad owner, “Even after the deal closes, we will leave behind Sony and Tencent in the market, and together Activision and Xbox will benefit gamers and developers and make the industry more competitive.”