The EUs antitrust regulator has gone against the grain of itsU.S.andUKcounterparts by waving throughMicrosofts proposed $69B takeover ofCall of DutymakerActivisionBlizzard.
In a surprise decision unveiled in the past few minutes, theEuropean Commissionsaid it had approved under EU Merger Regulation the takeover after Microsoft addressed its competition concerns.
Watch on Deadline
Microsofts commitments involve a free license to consumers in the European Economic Area (EEA) that would allow them to stream Activision games for which they have a license, and a corresponding free license to cloud game streaming service providers to allow EEA-based gamers to stream any Activision Blizzard PC and console game.
Microsoft; Activision Blizzard
The move follows an in-depth investigation after the Commissions preliminary investigation found Microsofts move could harm competition in the distribution of console and PC video games, and in the supply of PC operating systems.
Microsoft now needs to continue trying to prove to the U.S. and UK regulators that the deal will not constrain competition.
Must Read Stories
Hundreds Of Stars Sign Open Letter On Trans Rights To TV & Film Biz
Korean Fest Launches Competition Section; Overhauls Programming Team
Channel 4s Alex Mahon To Run Live Entertainment Firm Superstruct
Paul Mescal, Letitia Wright & More To Make Star Debuts At Londons NT
Read More About:
3 Comments
