Microsoft-Activision Blizzard

Microsoft-Activision Blizzard £55bn merger approved by EU

Microsoft-Activision Blizzard

The European Commission said it accepted commitments made by the technology giant.

The $68.7bn (£55bn) mega merger between Microsoft and game developer Activison has been approved by the European Union.

European regulators said they accept commitments made by Microsoft that its offer to take over the developer behind Call Of Duty, would not lessen competition.

Video games attract billions of users all over the world. In such a fast-growing and dynamic industry, it is crucial to protect competition and innovation, said EU competition commissioner Margrethe Vestager.

Our decision represents an important step in this direction, by bringing Activision’s popular games to many more devices and consumers than before thanks to cloud game streaming.

The commitments offered by Microsoft will enable for the first time the streaming of such games in any cloud game streaming services, enhancing competition and opportunities for growth.

The company, one of the biggest tech firms in the world makes the Xbox, and accounts for up to 70% of cloud gaming services, where people play the game online without the need to download the game.

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