Approval would lead to creation of world’s third biggest gaming company by revenue
Xbox-owner Microsoft last year began a bid to take over Activision Blizzard to create the world’s third biggest gaming company by revenue. (Photo: AFP)
BRUSSELS: Microsoft said on Friday that it has offered formal commitments to the EU in its bid to persuade the bloc to approve its $69-billion takeover of the video game giant Activision Blizzard.
Last year, Xbox-owner Microsoft launched a move to create the world’s third biggest gaming company by revenue by purchasing the owner of hit games “Candy Crush” and “Call Of Duty”, triggering antitrust concerns.
The European Commission, EU executive and the bloc’s powerful…
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