EU approves “Microsoft's” acquisition of “Activision”

  • International
  • 16 May 2023
1

The European Union's antitrust authority has approved “Microsoft's” acquisition of “Activision Blizzard”, maker of the game "Call of Duty", for $ 69 billion.

The European Commission announced that Microsoft is offering free 10-year licensing deals for European consumers and cloud game streaming services to stream Activision games on computers and consoles. The EU's competition watchdog revealed, "The commitments made by Microsoft fully address the competition concerns identified by the Commission and represent a significant improvement for cloud gaming compared to the current situation." The EU's decision comes after the UK's Competition and Markets Authority last month blocked the deal, citing concerns that it would "reduce competition in the emerging cloud gaming market."

Source (Alkhaleej Emirati Newspaper, Edited)

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