The European Union is likely to pass Activision’s $69 billion purchase of Xbox
According to A Reuters The European Union apparently won’t object to Microsoft’s unprecedented $69 billion purchase of Activision Blizzard, the report said. The Redmond firm staged a charm offensive in Brussels last week, signing a series of deals with Nintendo and Nvidia GeForce Now, promising Call of Duty for at least the next 10 years that the deal will clear. During a press event in which the Xbox “paraded” its meager market share compared to the PlayStation, suitor Brad Smith held up a contract for Sony, awaiting its signature.
And it seems to have worked: sources claim that the EU is unlikely to object to the deal, and it will not require Microsoft to sell certain assets, such as the UK competition and market. was proposed by the Authority. In a statement released shortly after the latest round of reports, the Windows maker reiterated that it is “committed to presenting effective and easily implementable solutions that address the concerns of the European Commission”.
It added: “Our commitment to providing 100 percent equal access to Call of Duty to Sony, Steam, Nvidia, and others preserves the benefits of the deal for gamers and developers and increases competition in the market.”
Of course, while this would be a huge win for Microsoft, there’s still a long way to go before it’s cleared. As mentioned above, the company still needs to win over the UK’s CMA and the USA’s Federal Trade Commission. Earlier this week, a court ruling concluded that Sony will be required to share sensitive documents with its rival regarding its special relationships with other publishers.
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