EU Surprises by Approving Microsoft Activision Merger After UK Shut It Down

  • 📰 Gizmodo
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Microsoft and Activision Blizzard are now 1-1 on its proposed $69 billion merger with the U.S. still to give its full, tacit consent.

, especially with cloud gaming as Microsoft has been pushing that realm heavily as of late. Both Microsoft and Activision said they would appeal the decision, further mentioning they were willing to offer these or similar concessions to British regulators.Much of the EU’s original concerns related directly to Sony, whose PlayStation consoles have an edge over Microsoft in Europe. Regulators said Microsoft would have “no incentive to refuse to distribute Activision’s games to Sony.

. The companies have promised to fight off that suit, and there is a hearing on the merger by the FTC scheduled for August.This article is part of a developing story. Our writers and editors will be updating this page as new information is released. Please check back again in a few minutes to see the latest updates. Meanwhile, if you want more news coverage, check out our

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 556. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

EU approves Microsoft's $69 billion acquisition of Activision Blizzard, clearing major hurdleMicrosoft offered remedies in cloud gaming to earn the approval of European Union regulators for the $69 billion Activision Blizzard acquisition.
Source: CNBC - 🏆 12. / 72 Read more »

Microsoft’s Activision Blizzard acquisition approved by EU regulatorsMicrosoft still faces regulatory scrutiny in the US and a UK appeal.
Source: verge - 🏆 94. / 67 Read more »