After Microsoft's decision to take over video game giant Activision Blizzard in a $69 billion deal back in January, the European Union has launched a formal investigation.
Microsoft said it will keep working with the European Commission on next steps "and to address any valid marketplace concerns."but we’ve said we are committed to making the same game available on the same day on both Xbox and PlayStation," Microsoft said in a statement Tuesday. "We want people to have more access to games, not less."
A Call of Duty character hangs on the wall in a stairwell on Friday, Oct. 21, 2022, at Activision Blizzard, Infinity Ward Division, in Woodland Hills, California. Activision Blizzard CEO Bobby Kotick said in an email to employees Tuesday that global competition in themakes it "understandable that regulators are trying to better understand the games business." But he said the "process is moving along as we expected" and foresees the deal closing by June.
"We will continue to cooperate with the European Commission where, in the countries they represent, we have many employees," Kotick wrote.
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