Microsoft's Activision acquisition approved by the European Commission

, the body said that Microsoft commitments “fully address the competition concerns identified by the Commission and represent a significant improvement for cloud gaming as compared to the current situation” – a marked departure from the UK’s claim that the deal could see “reduced innovation and less choice for UK gamers over the years to come” particularly when it came to the cloud gaming sector.

It did admit that if Microsoft made Activision games exclusive to Game Pass, it would ‘reduce competition’ in the cloud streaming space, but one of Microsoft’s proposed remedies for the deal included a free license to cloud game streaming service providers and to consumers in the EEA to stream all current and future Activision Blizzard PC and console games via any cloud gaming streaming services of their choice.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The European Commission has cleared Microsoft’s acquisition of Activision Blizzard | VGCThe European Commission has cleared Microsoft’s acquisition of Activision Blizzard.
Source: VGC_News - 🏆 125. / 51 Read more »

Microsoft's Activision acquisition has now been approved by the European CommissionIn an interesting turn of events, the European Union Commission has approved Microsoft's proposed takeover of Activision, despite the deal being blocked by the UK Competition & Markets Authority last month.
Source: VideoGamerCom - 🏆 83. / 55 Read more »

Microsoft's Activision Blizzard acquisition approved by European regulatorsThe European Commission has approved Microsoft's acquisition of Activision Blizzard just weeks after the deal was blocked by regulators in the UK.
Source: TrueAchievement - 🏆 31. / 68 Read more »

EU clears Microsoft-Activision deal despite UK’s decision to block acquisition\n\t\t\tExclusive scoops\n\t\t\tSmart data to help spot risk and opportunity\n\t\t\tAnalysis of broader trends in M&A\n\t\t\tLex, our agenda-setting business commentary (Premium only)\n\t\t\tDue Diligence, an exclusive M&A newsletter (Premium only)\n\t\t
Source: FT - 🏆 113. / 51 Read more »