The European Commission has now confirmed that a 'Phase II' investigation into Microsoft's proposed Activision Blizzard acquisition is underway.
The European Commission has now opened an"in-depth investigation" into Microsoft's proposed acquisition of Activision Blizzard.has now decided to launch a 'Phase II' probe into the proposed acquisition due to potential competition concerns if the $69 billion deal were to be approved.
"When it comes to multi-game subscription services and/or cloud game streaming services in particular, the Commission is concerned that, by acquiring Activision Blizzard, Microsoft may foreclose access, to the detriment of its rival distributors of console and PC video games that offer such services, to its own PC and console video games, which are key for the provision of the nascent services of multi-game subscription and cloud game streaming.
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