Agreements come as regulators in the U.S. and abroad have said they are concerned the proposed $75 billion acquisition could harm competition in the videogame industry. Read More...
Reuters
Microsoft’s president to push Activision deal at EU hearing; Google, Nvidia also present
BRUSSELS (Reuters) -Microsoft President Brad Smith on Tuesday will seek to convince EU antitrust regulators at a closed hearing that the U.S. software giant’s $69 billion bid for “Call of Duty” maker Activision Blizzard will boost competition. Smith will lead a delegation of 18 senior executives, including Microsoft Gaming Chief Executive Officer Phil Spencer, while Activision will be represented by its CEO Robert Kotick, a European Commission document seen by Reuters showed. The hearing will allow Xbox maker Microsoft to gauge the mood among senior EU and national competition officials and European Commission lawyers ahead of the submission of remedies to address antitrust concerns.
