EU Holds Off on Microsoft’s Content Guard Buy

EU has delayed by two weeks its review decision about the proposed Microsoft and Time Warner joint venture to control DRM play ContentGuard.

AP: European Commission declined to give a reason for the extension but such a step usually means regulators need extra time to review concessions offered by the companies to address competition concerns.

Under the new timetable, the commission must decide by Aug. 25 whether to clear the deal or open a second-phase, in-depth probe, which takes four months.

Related: Microsoft, Time Warner Take Stake in DRM Company Content Guard

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