Microsoft ready for concessions with the European Union

Microsoft ready for concessions with the European Union

Microsoft wishes to propose solutions to the European Union in order to prevent its takeover offer from Activision-Blizzard from being rejected.

Microsoft continues to battle for approval of the Activision-Blizzard acquisition from the European Union (EU). For this reason, the American electronics giant should propose, in the coming weeks, corrective measures to the European competition authorities. Purpose of the operation for the Mountain View company: to provide guarantees in order to avoid objections against its offer to buy Activision-Blizzard for 69 billion dollars, reports Reuters, this Monday, November 28.

Microsoft had announced the takeover of the publisher of Call of Duty in January 2022 with the aim of competing with the leaders Tencent and Sony. But since then, the US electronics giant has faced regulatory hurdles in the European Union, Britain as well as the United States, with Sony criticizing the deal and even calling for a regulatory veto.

Microsoft wants to keep Call of Duty on PlayStation

The European Commission, which is investigating the deal, has until January 2023 to draw up an official list of competition concerns. For Microsoft, proposing corrective measures before the publication of such a document could have the beneficial consequence of shortening the regulatory process.

Microsoft’s proposed solution would mainly consist of a ten-year licensing agreement with Sony, owner of Playstation. The European competition watchdog, which is due to rule on the deal by April 11, declined to comment at this time. For its part, Microsoft said it was working with the Commission to address legitimate market concerns.

“Sony, as an industry leader, says it is concerned about Call of Duty. MBut we said we were determined to make the game available the same day on Xbox and PlayStation. We want people to have more access to games, not less,” a Microsoft spokesperson said.

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