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Can it work? Microsoft's acquisition of Activision Blizzard was opposed by the European Union

【CNMO News】The acquisition of the technology Internet circle can always attract a large wave of people's attention, if both sides are at the level of big guys, and the turmoil continues, then the heat will skyrocket. The recent acquisition of Activision Blizzard by Microsoft is a hot event. CNMO has previously reported that Sony, Google and Nvidia have swiped out the news of opposition to the acquisition, and now new impediments have arrived. There is news that the European Union will issue a "statement of opposition" to Microsoft.

Can it work? Microsoft's acquisition of Activision Blizzard was opposed by the European Union

Microsoft

Recently, foreign media quoted a number of sources as saying that the EU antitrust agency is ready to oppose Microsoft's acquisition of Activision Blizzard, a $69 billion acquisition. And the EU has already begun to act, and its antitrust agency is preparing a document called "statements of objections." The document will clearly outline the EU's concerns about the biggest acquisition in gaming history, and Microsoft may receive it in the coming weeks.

Can it work? Microsoft's acquisition of Activision Blizzard was opposed by the European Union

Activision Blizzard

In response to this matter, Microsoft responded that the company is continuing to work with the European Union to respond to any market concerns. Microsoft's goal is to bring more games to more users, and this deal will further that goal.

This follows Google and Nvidia expressed concerns to the Federal Trade Commission about Microsoft's attempt to acquire Activision Blizzard, which filed a lawsuit back in December to block the deal.

At present, there is still half a year left before the deadline of the deal, and Microsoft's acquisition has only received unconditional approval from Brazil, Saudi Arabia and Serbia, which is a long way off.

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