The acquisition of ActivisionBlizzard by Microsoft ‘Moving Fast,’ Says Microsoft President. The company receives requests for information from the FTC as well as EU antitrust authorities.
According to Chronicle of video gamesin an interview with the Belgian economic journal Litterthe president of Microsoft, Brad Smithsaid he thought the acquisition was happening fairly quickly for its size.
According to Black-smith, acquisition of Activision Blizzard, has passed its initial processes and is now entering its interim processes.
The most important thing in the case is the approval by the the United States Federal Trade Commission., since he is responsible for ensuring that mergers of this magnitude do not give the platform Xbox from Microsoft an unfair commercial advantage over its competitors. In addition to the US FTC, Microsoft will likely have to deal with similar bodies in the EU..
“It’s going fast, at least fast enough for an acquisition of this size,” he said. Black-smith. “We have received requests for information on this subject here in Brussels, but also in London and Washington. We answer questions, give briefings and provide requested information.
“One of our lawyers summed it up nicely by saying, ‘We’re coming to the end of the beginning and now we’re entering the beginning of the middle,'” he said. Black-smith. “It’s a long process and we’re still at the stage of answering questions. For us, of course, the sooner it’s done the better, but we’ll respect the process. With so much movement, requests and questions, hopefully it will be praised enough and we will see the full process in early 2023.
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