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LONDON: The European Union on Monday approved Microsoft’s $69 billion purchase of video game maker Activision Blizzard, deciding the deal won’t stifle competition for popular console titles like Call of Duty and accepting the US tech company’s remedies to boost competition in cloud gaming. But the blockbuster deal is still in jeopardy because British regulators have rejected
LONDON -- The European Union on Monday approved Microsoft's $69 billion purchase of video game maker Activision Blizzard, deciding the deal won't stifle competition for popular console titles like Call of Duty and accepting the U.S. tech company's remedies to boost competition in cloud gaming.
The European Union on Monday approved Microsoft's $69 billion purchase of video game maker Activision Blizzard, deciding the deal won't stifle competition for popular console titles like Call of Duty and accepting the U.S. tech company's remedies to boost competition in cloud gaming.
Brussels gave the green light to the merger, however, it faces stiff scrutiny and dispute from both the US and the UK.
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The blockbuster video game deal is still in jeopardy because British regulators have rejected it and U.S. authorities are trying to thwart it.