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Microsoft's planned Activision Blizzard deal monitored in Australia, ahead of likely review

By Laurel Henning ( March 11, 2022, 00:16 GMT | Insight) -- Microsoft’s $68.7 billion takeover of Activision Blizzard is being monitored by Australia’s competition regulator, with the watchdog announcing that it plans to begin a public review shortly. In an update to its public merger register, the Australian Competition & Consumer Commission said it was aware of the proposed acquisition and would begin a review when the companies made a submission to the regulator. Under Australia’s voluntary notification regime, merging companies aren’t required to make submissions to the regulator but they risk being targeted by enforcement action if the regulator identifies competition concerns.Microsoft’s $68.7 billion takeover of Activision Blizzard is being monitored by Australia’s competition regulator, with the watchdog announcing that it plans to begin a public review soon....

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