EU regulators approve Microsoft's $68.7 billion acquisition of Activision Blizzard

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EU regulators have approved Microsoft's $68.7 billion acquisition of Activision Blizzard

Published May 15th, 2023 7:09PM EDTIt looks like Microsoft has cleared another hurdle in its long-running quest to acquire Activision Blizzard.

Below are the commission’s full findings after its in-depth investigation. It found that even if Microsoft madeand its other popular franchises exclusive to Xbox and PC, that it would “not significantly harm competition in the consoles market.”which is the leading distributor of consoleworldwide, including in the European Economic Area where there are four Sony PlayStation consoles for every Microsoft Xbox console bought by gamers.

as this would cannibalize sales of individual games. Therefore, the situation for third-party providers of multi-game subscription services would not change after the acquisition of Activision by Microsoft.

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