U.S. antitrust regulators seek more data from Activision, Microsoft on planned deal -Breaking
(Reuters] – Activision Blizzard Inc. has been requested more data by the U.S. Federal Trade Commission (NASDAQ) Microsoft Corp (NASDAQ: ) In relation to their antitrust review, the games developer stated in a regulatory filing Monday.
In January, Microsoft agreed to buy “Call of Duty,” the maker of the game for $68.7billion in one of the largest gaming industry deals in history.
According to Brad Smith, Microsoft’s President, Microsoft will apply for the approval in 17 countries.
To win U.S. regulators and others, the company stated in February that it had created new principles for its app shop. These include open access to developers who comply with privacy and security standards.
Microsoft is now partnering with Activision to take on the industry leader Tencent Holdings Ltd (OTC) Ltd. Sony (NYSE:) Group Corp. Sony Interactive Entertainment announced recently that it will buy Bungie Inc., the creators of “Halo”, in a $3.6 billion deal.
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