Activision: EU regulators may approve Microsoft’s Activision deal by April 25: Report – Times of India
More details about the Microsoft Activision deal
The European Commission which is also a part of the EU is likely to announce its decision on the Microsoft-Activision deal by April 25. The report also claims that the EU might not even ask Microsoft to sell assets to win its approval. he EU competition enforcer has declined to share any comment.
Apart from the licensing deals for rivals, the company may also have to offer other ‘behavioural remedies’ to reduce concerns of other parties than Sony, the report adds. These remedies usually refer to the merged company’s behaviour towards its rivals in the upcoming days.
Microsoft plans for Call of Duty franchise
Last month, Microsoft President Brad Smith said that the company is ready to offer rivals licensing deals to address antitrust concerns. However, it announced its decision about not to sell Activision’s “Call of Duty” franchise. Smith claimed that it was not feasible to carve out one game or a slice of Activision and alienate it from the rest.
Microsoft said it was “committed to offering effective and easily enforceable solutions that address the European Commission’s concerns.”
A company spokesperson said, “Our commitment to grant long-term 100% equal access to Call of Duty to Sony, Steam, NVIDIA and others preserves the deal’s benefits to gamers and developers and increases competition in the market.”
Recently, Microsoft has also signed 10-year licensing deals with Nintendo and Nvidia to bring Call of Duty to their gaming platforms. however, these agreements come with the conditions of a green light for the Activision deal.
The deal faces regulatory blockades in the UK, where the country’s competition agency has suggested Microsoft let go of Call of Duty to address its concerns. Meanwhile, the US Federal Trade Commission (FTC) has also asked a judge to block the deal.
For all the latest Technology News Click Here
For the latest news and updates, follow us on Google News.