Sony's gaming chief met EU's Vestager on Microsoft's Activision deal -source
Reuters
Published Jan 26, 2023 12:37PM ET
Updated Jan 26, 2023 02:07PM ET
By Foo Yun Chee
BRUSSELS (Reuters) - Sony (NYSE:SONY)'s gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday to discuss Microsoft (NASDAQ:MSFT)'s $69 billion bid for "Call of Duty" maker Activision Blizzard (NASDAQ:ATVI), a person familiar with the matter said on Thursday.
The meeting came as the EU competition watchdog prepares to warn Microsoft this week about the potential anti-competitive effects of the U.S. software giant and Xbox maker's acquisition in the biggest gaming industry deal in history.
Microsoft is looking to Activision to help it compete better with leaders Tencent and Sony. The latter has criticised the deal and even called for a regulatory veto.
The person declined to provide details of the discussion between Ryan and Vestager. The European Commission, which is scheduled to rule on the deal by April 11, did not immediately respond to a request for comment.
The U.S. Federal Trade Commission has sued to block the deal while UK regulators have also expressed concerns.
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Written By: Reuters
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