Microsoft Receives EU’s List of Concerns About Activision Deal

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Microsoft Corp. received a formal list of concerns from the European Commission about its proposed $69 billion takeover of Activision Blizzard Inc., marking an escalation in the regulatory body’s probe of the deal.

The software giant received the statement of objections Tuesday, according to people familiar with the matter, who asked not to be identified because the proceedings are confidential. Microsoft declined to comment.