Microsoft Offers ActiBlizz Remedies To EU, Deadline Pushed Back Yet Again
Last week, Microsoft announced that it would be offering remedies to the European Commission in an attempt to appease antitrust concerns surrounding its proposed acquisition of gaming giant Activision Blizzard. This is the latest in a series of delays for the $9 billion deal, which was first announced in December of last year.
Microsoft is no stranger to antitrust scrutiny, having been the subject of a number of investigations and lawsuits over the years. This particular deal has been under scrutiny since it was first announced, with many believing that it would give Microsoft an unfair advantage in the gaming market.
The European Commission has now pushed back its decision on the deal yet again, this time until May 7th. This is likely due to the fact that Microsoft has yet to submit its remedies proposal, which was only announced last week.
Microsoft has been tight-lipped about what these remedies may entail, but it is likely that they will be similar to those offered in other recent antitrust cases. In the past, Microsoft has made concessions such as offering to allow rival companies access to its patents or agreeing to sell parts of its business.
It is unclear at this time if Microsoft’s latest remedies proposal will be enough to assuage the concerns of the European Commission. However, given the company’s history of antitrust troubles, it is unlikely that this will be the last we hear of this particular deal.