Microsoft to defend Activision deal at EU hearing on Feb. 21

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Microsoft to defend Activision deal at EU hearing on Feb. 21
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BRUSSELS : Microsoft will make a last-ditch effort to defend its $69 billion bid for 'Call of Duty' maker Activision Blizzard in front of EU and national antitrust officials at a closed hearing on Feb. 21, the U.S. software company said on Tuesday.The company asked for the hearing after receiving a statem

BRUSSELS : Microsoft will make a last-ditch effort to defend its $69 billion bid for"Call of Duty" maker Activision Blizzard in front of EU and national antitrust officials at a closed hearing on Feb. 21, the U.S. software company said on Tuesday.

The company asked for the hearing after receiving a statement of objections from the European Commission warning about the possible anti-competitive effects of the deal.The Xbox maker announced the Activision Blizzard acquisition in January last year to help it compete better with leaders Tencent and Sony, but has run into regulatory headwinds in Europe, Britain and the United States.

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