Home News EU regulators delay ruling on Microsoft’s acquisition of Activision Blizzard until May...

EU regulators delay ruling on Microsoft’s acquisition of Activision Blizzard until May 22

0

The European Commission has delayed its ruling on Microsoft’s $69 billion (currently about RMB 476.1) acquisition of Activision Blizzard.

Microsoft has proposed remedies to try to get EU antitrust approval for its acquisition of Activision Blizzard, and the EU has postponed the provisional deadline for ruling on the deal from April 25 to May 22, a European Commission filing showed Friday.

While details of the remedy offered were not made public, Microsoft recently announced that it would bring Call of Duty to new consoles and cloud gaming platforms if the deal is approved.

A Microsoft spokesperson said, “We have maintained our commitment to bring Call of Duty to additional devices by entering into agreements to bring Call of Duty to Nintendo consoles and cloud game streaming services offered by Nvidia, Boosteroid and Ubitus. We are now providing binding commitments to the European Commission to ensure that this deal benefits gamers in the future.”

The company is likely to win EU clearance through such licensing agreements and other behavioral remedies, the sources said, while it is still up in the air as to whether regulators in the U.K. will do the same.

Exit mobile version