EU regulators extend the deadline for Microsoft, Activision deal to April 25

XTrend Speed | 2023-03-02 10:09

Abstract：EU antitrust regulators have extended their deadline for a decision on Microsoft (NASDAQ:MSFT)'s $69 billion acquisition of "Call of Duty" maker Activision Commission filing on Wednesday.

EU antitrust regulators have extended their deadline for a decision on Microsoft (NASDAQ:MSFT)'s $69 billion acquisition of “Call of Duty” maker Activision Commission filing on Wednesday.

The EUs merger watchdog said in a website filing on Wednesday that it set a new deadline of April 25, without giving reasons. Such delays are normal in in-depth reviews of big mergers and are often an indication that companies requested more time to work on remedies.

The move came a day after EU antitrust boss Margrethe Vestager told some reporters that global regulators must not race to be the first to reach a conclusion on mega deals.

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