UK Regulator Opens Investigation Into Microsoft Takeover of Activision
July 06 2022 - 7:42AM
Dow Jones News
By Joe Hoppe
The U.K. competition regulator said Wednesday that it has opened
an investigation into Microsoft Corp.'s acquisition of Activision
Blizzard Inc. to determine whether it creates a relevant merger
situation.
The Competition and Markets Authority said it will determine
whether the takeover of the videogame company by software giant
Microsoft could result in the substantial lessening of competition
within the U.K.
The CMA has a deadline of Sept. 1 for its phase 1 decision.
To assist it with the assessment, the CMA has invited comments
from any interested party by July 20.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
July 06, 2022 07:27 ET (11:27 GMT)
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