EU allows Microsoft to buy Activision Blizzard

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Microsoft’s first major victory. European Union allowed the American company to buy Activision Blizzard. However, the UK recently blocked an acquisition of nearly $69 billion.

The UK regulator has not approved the deal due to concerns that it will change the future of the fast-growing market and cloud gaming, leading to less innovation and choice for UK players in the coming years.

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The approval of the European Commission is subject to full compliance with the obligations proposed by Microsoft. These commitments fully address the competition issues identified by the Commission and represent a significant improvement in cloud gaming over the current situation.

We are preparing additional information. We will update the article.

Source :Indian TV

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