6 October 2022 | Trades | Regulation

Deal between Microsoft and Activision may be approved by the end of November

The U.S. Federal Trade Commission (FTC) may come to a decision on the deal between Microsoft and Activision by the end of November. Earlier, the Microsoft company has offered to acquire Activision for $69 million.

In the late March, FTC has started a thorough antitrust investigation on the companies’ potential merger. So far, the investigation is focused on the staff and controlled by the Bureau of Competition.

The Dealreporter was informed by its sources that the Federal Trade Commission has some serious doubts about the upcoming deal. At this point, FTC is gathering additional information about the concerns of the companies’ rivals and other parties involved.

The most recent information on this matter has appeared after the antitrust regulator of the U.K. set a deadline for making the decision on the Activision’s acquisition until March 1.

On Friday, the European Commission got Microsoft’s application to buy Activision and set a provisional deadline for the companies’ merger on November 8.

According to the Dealreporter’s unofficial data, last month Sony had an appointment with the European Commission in order to report its doubts on the upcoming acquisition. Beyond that, there was some information about the Google’s concerns on this matter as well. The company also expressed them to the regulator.

However, Satya Nadella, the CEO of Microsoft, said in the interview to Bloomberg that he’s assured in the deal’s approval, despite its thorough investigation.

Company MarketCheese
Period: 29.11.2024 Expectation: 700 pips
AUDCAD does not exit downward trend lines
Yesterday at 11:34 AM 29
Period: 02.12.2024 Expectation: 560 pips
Brent oil on its way up after exiting bilateral pattern
Yesterday at 09:47 AM 85
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
2nd in the segments "Currencies" and "Oil and gas"
Period: 26.11.2024 Expectation: 2840 pips
Selling USDJPY with target at 152.00 influenced by BoJ policy
21 November 2024 86
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies", "Metals" and "Oil and gas"
Period: 25.11.2024 Expectation: 700 pips
EURUSD can not move far away from 1.052 level yet
20 November 2024 82
Period: 12.12.2024 Expectation: 2080 pips
Canadian statistics reverse USDCAD to selling
20 November 2024 63
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies", "Metals" and "Oil and gas"
Period: 30.11.2024 Expectation: 660 pips
Selling AUDCAD to 0.9040
20 November 2024 44
Nikolai
Nikolai

Listed among the best MarketCheese authors
3rd in the segment "Currencies"
Go to forecasts