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Microsoft’s President Brad Smith To Lead Delegation At Activision Deal EU Hearing – $MSFT $DIA

By John F. Heerdink, Jr.

As per reports, Microsoft (MSFT) President Brad Smith will seek to convince EU antitrust regulators at a closed hearing that the U.S. technology giant’s $69 billion bid for “Call of Duty” maker Activision Blizzard will improve competition. Brad Smith will lead a delegation of 18 senior executives, including Microsoft Gaming Chief Executive Officer Phil Spencer, while CEO Robert Kotick, will represent Activision.

Microsoft announced the acquisition in January last year to take on leaders Tencent and Sony but has since then run into regulatory headwinds in Europe, Britain, and the United States. Gaming Chief Jim Ryan will represent, Sony which wants the deal to be blocked.

Nvidia Corp, Google, Video game distributor Valve, video game publisher Electronic Arts, and the German competition watchdog and its peers in Belgium, the Czech Republic, Finland, France, Italy, Portugal, Spain, and Sweden will also be taking part in the event.

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(Read Original Story: Microsoft's president to push Activision deal at EU hearing; Google, Nvidia also present in Reuters)