Microsoft headed into a showdown with EU antitrust watchdogs by insisting its $69-billion takeover of Activision Blizzard will “bring more competition” for gamers.
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Britain’s competition regulator said it will refer Microsoft’s acquisition of the Call of Duty maker for an in-depth investigation.
Wall Street is betting that US antitrust enforcers could unravel one of the largest mergers in American history.
Microsoft’s pitch, as with its other large gaming deals, heavily leveraged gaming chief Phil Spencer’s decades-long industry experience.