Microsoft Corp.’s Phil Spencer, chief executive officer of gaming, said he’s encouraged by the progress made in discussions with regulators examining the software giant’s almost $70 billion acquisition of Activision Blizzard Inc.
“I feel good about the progress that we've been making, but I go into the process supportive of people who maybe aren't as close to the gaming industry asking good, hard questions about ‘what is our intent? What does this mean? If you play it out over five years, is this constricting a market? Is it growing a market?” Spencer said in an interview with Emily Chang for “Bloomberg Studio 1.0” to be broadcast at 9 p.m. New York time Wednesday.