Illustration by Alex Castro / The Verge
The European Commission has opened what it calls an “in-depth investigation” into Microsoft’s proposed $68.7 billion acquisition of Activision Blizzard. Regulators in the EU first started looking at Microsoft’s Activision acquisition in September and set a provisional deadline of today to approve it or signal a more in-depth review.
Microsoft now faces a larger probe over its plans to acquire Activision Blizzard, with the European Commission set to take 90 working days up to March 23rd to take a decision. The Commission says it’s opening up an in-depth investigation because it’s “concerned that the proposed acquisition may reduce competition in the markets for the distribution of console” and PC games.