EXCLUSIVE-Microsoft likely to offer EU concessions soon in Activision deal - sources


Reuters | Brussels | Updated: 28-11-2022 22:29 IST | Created: 28-11-2022 22:29 IST
EXCLUSIVE-Microsoft likely to offer EU concessions soon in Activision deal - sources
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  • Belgium

Microsoft is likely to offer remedies to EU antitrust regulators in the coming weeks to stave off formal objections to its $69-billion bid for "Call of Duty" maker Activision Blizzard, people familiar with the matter said.

The deadline for the European Commission, which is investigating the deal, to set out a formal list of competition concerns known as a statement of objection is in January. Offering remedies before such a document is issued could shorten the regulatory process.

Microsoft's remedy would consist mainly of a 10-year licensing deal to Playstation owner and critic of the deal Sony , another person with direct knowledge said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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