EU approves Microsoft bid for Activision Blizzard — but the saga is ‘unlikely to end soon’ - The Fact Factory

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Tuesday, 16 May 2023

EU approves Microsoft bid for Activision Blizzard — but the saga is ‘unlikely to end soon’


Eu regulators have greenlit Microsoft’sacquisition of gaming giant Activision Blizzard, but analysts warn that the deal remains a long way from completion. The EU approved the $69 billion (€63bn) takeover after Microsoft agreed to several pro-competition remedies. Most notably, the company pledged to automatically license popular Activision Blizzard games, such as Call of Duty, to rival cloud gaming services. “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,” said Margrethe Vestager, the EU’s antitrust czar. With our 🇪🇺 clearance #Activition Blizzard’s…

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