Microsoft may be handed an antitrust warning from EU regulators over its bid for Activision Blizzard, according to sources speaking to Reuters.
The deal, which would see the tech giant swallow Activision Blizzard for a staggering $69 billion, has faced opposition from both the UK and US, with relevant institutions from both regions expressing concerns with the deal’s wider impact on the video game industry.
According to Reuters, this warning will come in the form of a statement of objections, a document listing out the regulatory body’s various issues with the acquisition. Once received by Microsoft, the company can respond in writing and request an oral hearing to present their case against these concerns. This is expected to take place in the next few weeks.
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