EU To Issue "Statement Of Objections" Over Microsoft Activision Merger
The EU plans to object to the merger betweenMicrosoftandActivision Blizzard, according to a new report, which may throw yet another wrench into the proposed $70 billion deal. Sources within the European Commission toldReutersthat the governing body will issue a “statement of objections” within the coming days that will outline issues the EU has with Activision and Microsoft merging. These objections will then have to be addressed by Microsoft prior to April 11, which is when the Commission plans to issue its final decision on whether the merger can proceed....