EU regulator extends the deadline for its decision on Microsoft Activision merger | VGC

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The European Commission has extended the deadline for its decision on Microsoft‘s $69 billion Activision Blizzard merger. EU antitrust boss Margrethe Vestager says global regulators “cannot be in a race” to decide on mega deals

post-merger, although it views these as less favourable than structural ones which rarely require monitoring and enforcement once implemented.

Asked if she was surprised at the speed at which the CMA produced its findings, and whether regulators were now engaged in a race to do so, Vestager said: “I think that’s a very important discussion because we cannot be in a race. We need to serve the specific markets where we have jurisdiction. “And I also hope that people working with us appreciate that we have a different legal framework. I think in Europe we are the ones with the highest bar, the most heavyweight legal obligations. We need to produce a recent decision that will eventually go public but that will also have to stand up for very tight scrutiny in court.

“The UK system is different, the US system is different again. So even when we look at the same transaction with different markets and different legal provisions, sometimes we’ll get to different results.”

 

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block the deal. make microsoft compete. microsoft should not be allowed to pay $69 billion to buy anything. we dont want microsoft controlling how much developers get paid, which games get made.... its all wrong netflix is not good for the film industry.

They should just allow it, then maybe we'll get good CoD games again and everyone will be happy.

IT'S OVER

Sure. This absolutely has no buisness impact on MS 😆 They could as well ask for fees from anyone delaying it until now. Ah when will this clownshow end...

I agree. Let it be fair.

OMG get it over with already. At least give a date, like a week, a month extention

Apparently Sony have a major acquisition in the works. Curious if they have to go through all these issues too. Or was this just too big of a merger

ZhugeEX FFS enough already. Rip the bandaid off, one way or another

ZhugeEX Let’s see where this goes, I hope they Blick the deal if needed

They have no excuse they've had over a year only reason it would take this long is cuz you're deliberately trying to find something because you have zero case If this was Sony or anybody else to deal would have already went through

This is getting ridiculous. Just approve the damm thing.

I’m gonna be 6 feet under before this goes through 😂

Cheque from Sony hasn't cleared yet.

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Seems like this is to get more concessions from MS.

What I think will happen: - EU commissions clears the deal with remedies. - CMA blocks, which will either make MS file an appeal or simply withdraw from the market & unleashing a massive backlash at CMA since they've done a poor job at this deal and blatantly protecting Sony.

Well they're certainly trying to imitate the games industry with all these deadline pushbacks

This date change puts pressure on MS because now they need to pay 2.5 billion in breakup fee. simply genius.

My god they seriously postponed this 100 times already. Like, they seem to be refusing to do their job.

As long as the CMA is being blunt to logic and keeps on parroting Sony's concerns as opposed to gamer's concern, I just don't see this deal happening.

At least they're being reasonable unlike the FTC

🤦🏾‍♂️🤦🏾‍♂️ it’s amazing how they care about video games now…

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