EU antitrust regulators to probe Microsoft’s $69 billion Activision bid

EU antitrust regulators to probe Microsoft’s  billion Activision bid


Activision online games “Phone of Duty” are pictured in a retail outlet in the Manhattan borough of New York Town, New York, U.S., January 18, 2022.

Carlo Allegri | Reuters

EU antitrust regulators on Tuesday opened a total-scale investigation into Microsoft’s $69 billion bid for “Simply call of Obligation” maker Activision Blizzard, warning the offer might harm competition.

The U.S. application company, which declared the offer in January, is betting Activision’s stable of game titles will aid it contend better with leaders Tencent and Sony, with the latter remaining a critic of the deal.

“The Commission’s preliminary investigation shows that the transaction could appreciably decrease competition on the marketplaces for the distribution of console and Computer system video clip video games, which include multigame membership expert services and/or cloud activity streaming providers, and for Computer operating units,” the European Fee stated in a assertion.

“In distinct, the Fee is involved that, by getting Activision Blizzard, Microsoft might foreclose access to Activision Blizzard’s console and Computer video games, particularly to higher-profile and really successful game titles (so-named ‘AAA’ online games) these as ‘Call of Duty’,” it explained.



Source

Nvidia and Alphabet VC arms back AI startup Synthesia at  billion valuation
World

Nvidia and Alphabet VC arms back AI startup Synthesia at $4 billion valuation

Nvidia and Alphabet’s VC arms have backed British AI startup Synthesia in a $200 million funding round, amid a surge of private investment in promising young tech companies seeking to capitalize on the AI boom. The round sees Synthesia hit a $4 billion valuation and was led by Alphabet’s GV, with participation from Evantic, Hedosophia, […]

Read More
U.S. natural gas prices hit  for first time since 2022 amid massive winter storm
World

U.S. natural gas prices hit $6 for first time since 2022 amid massive winter storm

A worker shovels snow during a winter storm in Lower Manhattan in New York, US, on Sunday, Jan. 25, 2026. A colossal winter storm reached the US East Coast Sunday morning after dropping ice and snow across much of the nation, leaving hundreds of thousands of homes without power and causing a wave of flight […]

Read More
European markets head for flat to lower start to the new trading week
World

European markets head for flat to lower start to the new trading week

European stocks are expected to open in flat to lower territory on Monday. Source

Read More