Update 8pm: Add Microsoft comment to NYT on UK antitrust review.Activision Blizzard (NASDAQ:ATVI) 5% off on a report that Microsoft (NASDAQ:MSFT) hopes the UK’s antitrust authority can object to their $69 billion super video game.
by Microsoft (MSFT) legal team hopes the UK’s Competition and Markets Authority will oppose the plan to buy Activision (ATVI), according to a The New York Times reported on Saturday, which cited four people familiar with the matter. European Commission acceptable to potential remedies.
The NYT updated its story later on Monday to include Microsoft (MSFT) said they believe they have a solid case in the UK and that it was not “determined”, nor advised by their lawyers that the merger would be blocked.
Earlier this month, the UK’s antitrust watchdog reviewed the transactionWOMEN extended until the end of April from the beginning of March. The UK’s CMA in September confirmed it was A closer look at the Activision agreement after Microsoft failed to address concerns about potential anticompetitive effects.
