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City AM
City AM
By Leah Montebello The European Commission has opened an in-depth investigation to assess the proposed $68.7bn (£59.5bn) acquisition of Activision Blizzard by Microsoft, following the lead of UK regulators. The commission said it was concerned that the proposed acquisition may reduce competition in the markets for the distribution of console and PCs video games and for PC operating systems. A preliminary investigation found that the transaction may significantly reduce competition, including multi-game subscription services and/or cloud game streaming services, and for PC operating systems. Th…
