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MSFT Microsoft Corporation

416.60
17.56 (4.40%)
Pre Market
Last Updated: 12:14:35
Delayed by 15 minutes
Share Name Share Symbol Market Type
Microsoft Corporation NASDAQ:MSFT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  17.56 4.40% 416.60 416.24 416.62 163,348 12:14:35

UK Regulator Opens Investigation Into Microsoft Takeover of Activision

06/07/2022 12:42pm

Dow Jones News


Microsoft (NASDAQ:MSFT)
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By Joe Hoppe

 

The U.K. competition regulator said Wednesday that it has opened an investigation into Microsoft Corp.'s acquisition of Activision Blizzard Inc. to determine whether it creates a relevant merger situation.

The Competition and Markets Authority said it will determine whether the takeover of the videogame company by software giant Microsoft could result in the substantial lessening of competition within the U.K.

The CMA has a deadline of Sept. 1 for its phase 1 decision.

To assist it with the assessment, the CMA has invited comments from any interested party by July 20.

 

Write to Joe Hoppe at joseph.hoppe@wsj.com

 

(END) Dow Jones Newswires

July 06, 2022 07:27 ET (11:27 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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