US Government probes Microsoft's WebTV acquisition

The US government has asked Microsoft for additional information on its planned purchase of WebTV Networks, a move that could signal anti-trust concerns with the merger. Among information it is seeking are details on what WebTV's plans would have been without the US$425 million acquisition, and a list of the company's competitors.

The US government has asked Microsoft for additional information on its planned purchase of WebTV Networks, a move that could signal anti-trust concerns with the merger.

The US Justice Department late last week made a second request for information on the deal, the Wall Street Journal reports. Among information it is seeking are details on what WebTV's plans would have been without the US$425 million acquisition, and a list of the company's competitors, according to the report.

Microsoft announced in early April that it would acquire the Palo Alto, California-based maker of systems that provide Internet access through a television. The companies could not be reached for comment.

Microsoft is preparing the documents and expects the request will not hinder the acquisition, according to the reports.

Join the newsletter!

Or
Error: Please check your email address.
Show Comments
[]