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Microsoft-Activision Blizzard £55bn merger approved by EU - despite UK rejection

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The European Commission said it accepted commitments made by the technology giant that it would not decrease competition in cloud gaming, where it already accounts for around 70% of the market.

In response, Activision Blizzard CEO Bobby Kotick, said:"The EC conducted an extremely thorough, deliberate process to gain a comprehensive understanding of gaming.

Sarah Cardell, chief executive of the UK Competition and Markets Authority, said:"The UK, US and European competition authorities are unanimous that this merger would harm competition in cloud gaming. The CMA concluded that cloud gaming needs to continue as a free, competitive market to drive innovation and choice in this rapidly evolving sector.

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