Microsoft’s Acti vision takeover approved by EU after UK veto

Business Tech

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.

In order for the deal to go through Microsoft and Activision need approval from regulatory bodies in the UK, EU and the US.

The US Federal Trace Commission filed a lawsuit in December to block the deal – a judge’s decision is unlikely before the end of the year.

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