May 2, 2024

AndronETalksNews

AndronETalksNews

Microsoft’s Activision takeover approved by EU after UK veto

BBC News

By Steffan Powell

May 15, 2023

EU regulators have approved Microsoft’s $69bn (£55bn) attempt to purchase Call of Duty publisher Activision Blizzard.

The European Commission (EC) said Microsoft had addressed their concerns on competition issues.

It comes three weeks after the UK blocked the deal over worries it would hurt competition in the emerging cloud gaming business.

The proposed takeover is poised to be the biggest deal in gaming history but has split global regulators.