The European Commission has announced that it has moved the deadlines within which it will communicate its decision regarding the acquisition of Activision Blizzard by Microsoft: the new deadline is set for April 11, 2023.
As we know, ten days ago the European Commission did not give the go-ahead for the acquisition and moved on to phase 2, ordering new and more in-depth investigations to verify the impact of the important operation on the market and consumers.
The deadline established in that meeting was set at 23 March, therefore we are talking about a postponement of nineteen days, ten working days, for a decision which however will be decisive for the success of the acquisition.
It is not known why a postponement with respect to the previous terms was necessary, nor is it possible to determine whether this is good or bad news as regards Microsoft’s interests. Meanwhile, it appears that China’s antitrust has rejected the acquisition of Activision.
EU Commission has extended its deadline for a decision on Microsoft’s $69 billion bid for Activision-Blizzard. The new deadline: April 11. https://t.co/euSOwCsB1T
— Samuel Stolton (@SamuelStolton) November 18, 2022