Microsoft / Activision Deal Approval Watch |OT| (MS/ABK close)

Do you believe the deal will be approved?


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Show us where you touch Phil.
cant touch this GIF
 

Astray

Member

Original Reuters report (paywalled):

Microsoft to defend Activision deal at EU hearing on Feb. 21​

By Foo Yun Chee

BRUSSELS, Feb 14 (Reuters) - Microsoft (MSFT.O) will make a last-ditch effort to defend its $69 billion bid for "Call of Duty" maker Activision Blizzard (ATVI.O) in front of EU and national antitrust officials at a closed hearing on Feb. 21, the U.S. software company said on Tuesday.

The company asked for the hearing after receiving a statement of objections from the European Commission warning about the possible anti-competitive effects of the deal.

A Microsoft spokesperson confirmed the oral hearing.

The Xbox maker announced the Activision Blizzard acquisition in January last year to help it compete better with leaders Tencent (0700.HK) and Sony (6758.T), but has run into regulatory headwinds in Europe, Britain and the United States.

Microsoft is expected to offer remedies after the hearing.

It has reached a 10-year deal with Nintendo (7974.T) to make "Call of Duty" available on Nintendo consoles, a remedy aimed at convincing competition enforcers but which has been criticised by Sony, which wants the deal to be blocked.
 

Heisenberg007

Gold Journalism
"Microsoft is expected to offer remedies after the hearing.

It has reached a 10-year deal with Nintendo (7974.T) to make "Call of Duty" available on Nintendo consoles, a remedy aimed at convincing competition enforcers but which has been criticised by Sony, which wants the deal to be blocked."
It seems like EU also rejected the 10-year old, and the required remedies are more in line with the structural remedies that the CMA offered.
 

GHG

Gold Member
[/URL]

Original Reuters report (paywalled):
[/URL]

Microsoft to defend Activision deal at EU hearing on Feb. 21​

By Foo Yun Chee

BRUSSELS, Feb 14 (Reuters) - Microsoft (MSFT.O) will make a last-ditch effort to defend its $69 billion bid for "Call of Duty" maker Activision Blizzard (ATVI.O) in front of EU and national antitrust officials at a closed hearing on Feb. 21, the U.S. software company said on Tuesday.

The company asked for the hearing after receiving a statement of objections from the European Commission warning about the possible anti-competitive effects of the deal.

A Microsoft spokesperson confirmed the oral hearing.

The Xbox maker announced the Activision Blizzard acquisition in January last year to help it compete better with leaders Tencent (0700.HK) and Sony (6758.T), but has run into regulatory headwinds in Europe, Britain and the United States.

Microsoft is expected to offer remedies after the hearing.

It has reached a 10-year deal with Nintendo (7974.T) to make "Call of Duty" available on Nintendo consoles, a remedy aimed at convincing competition enforcers but which has been criticised by Sony, which wants the deal to be blocked.

"Last ditch" sounds like it's all going according to plan.

Huge W for Microsoft.
 

ToadMan

Member
[/URL][/URL]

Original Reuters report (paywalled):
[/URL][/URL]

Microsoft to defend Activision deal at EU hearing on Feb. 21​

By Foo Yun Chee

BRUSSELS, Feb 14 (Reuters) - Microsoft (MSFT.O) will make a last-ditch effort to defend its $69 billion bid for "Call of Duty" maker Activision Blizzard (ATVI.O) in front of EU and national antitrust officials at a closed hearing on Feb. 21, the U.S. software company said on Tuesday.

The company asked for the hearing after receiving a statement of objections from the European Commission warning about the possible anti-competitive effects of the deal.

A Microsoft spokesperson confirmed the oral hearing.

The Xbox maker announced the Activision Blizzard acquisition in January last year to help it compete better with leaders Tencent (0700.HK) and Sony (6758.T), but has run into regulatory headwinds in Europe, Britain and the United States.

Microsoft is expected to offer remedies after the hearing.

It has reached a 10-year deal with Nintendo (7974.T) to make "Call of Duty" available on Nintendo consoles, a remedy aimed at convincing competition enforcers but which has been criticised by Sony, which wants the deal to be blocked.

The company asked for the hearing after receiving a statement of objections from the European Commission warning about the possible anti-competitive effects of the deal.

MS asked for the hearing? Sounds like the EU objections were more substantial than claimed…

Given (alleged) corruption in the EU, things gotta be bad if MS hasn’t seeded big enough brown envelopes to avoid this…

Or maybe Sony set up better bunga bunga parties

[Oh, just in case

https://www.politico.eu/article/arr...ion-probe-maria-arena-alessandra-moretti/amp/

]
 
Last edited:
[/URL]

Original Reuters report (paywalled):
[/URL]

Microsoft to defend Activision deal at EU hearing on Feb. 21​

By Foo Yun Chee

BRUSSELS, Feb 14 (Reuters) - Microsoft (MSFT.O) will make a last-ditch effort to defend its $69 billion bid for "Call of Duty" maker Activision Blizzard (ATVI.O) in front of EU and national antitrust officials at a closed hearing on Feb. 21, the U.S. software company said on Tuesday.

The company asked for the hearing after receiving a statement of objections from the European Commission warning about the possible anti-competitive effects of the deal.

A Microsoft spokesperson confirmed the oral hearing.

The Xbox maker announced the Activision Blizzard acquisition in January last year to help it compete better with leaders Tencent (0700.HK) and Sony (6758.T), but has run into regulatory headwinds in Europe, Britain and the United States.

Microsoft is expected to offer remedies after the hearing.

It has reached a 10-year deal with Nintendo (7974.T) to make "Call of Duty" available on Nintendo consoles, a remedy aimed at convincing competition enforcers but which has been criticised by Sony, which wants the deal to be blocked.

Sounds like the EC won't allow this to go through without any concessions. I'm curious if Microsoft still thinks a 10 year deal is enough to appease them.
 

xHunter

Member
Last edited:
Doesnt Sony have like 2 or 3 studios in seattle? Seems like a stretch to suggest that they went to MS instead of visiting Bungie.
Could be any number of reasons. Sony/PS is also very tight with Amazon/AWS and could be planning something for GDC or future conferences.

It's a massive reach to assume that the only reason they'd be flying in would be to discuss the deal.
 

3liteDragon

Member
One thing that keeps confusing me is that I keep seeing the phrase “10-year licensing deal for CoD.” What exactly is MS licensing here? All they’re doing is selling on the PS Store, why would Sony need a license for that from them?

The only licenses I’m aware of are the ones devs give to publishers to publish their games, the digital license Sony gives us when we purchase a game & the license that’s granted to publishers by Sony to use their trademarks & gives them permission to distribute & market their game using PSN.
 

POKEYCLYDE

Member
I've been away for the last like 20 pages, what's happened? Anyone wanna give me a quick summary? Is the only news that Sony and Microsoft are talking about a deal now?
 
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