Microsoft's £55bn Deal For Call Of Duty Firm Approved
The Independent|May 16, 2023
One of the biggest takeover deals in the gaming industry has been approved by European regulators weeks after being blocked by the UK’s Competition and Markets Authority
AUGUST GRAHAM
Microsoft's £55bn Deal For Call Of Duty Firm Approved

The European Commission said that it had approved Microsoft’s $68.7bn (£55bn) deal to take over Activision Blizzard, the company behind Call Of Duty and other games.

Regulators in Brussels said they had accepted commitments offered by Microsoft to ensure that the deal does not lessen competition.

“The commitments fully address the competition concerns identified by the commission and represent a significant improvement for cloud gaming as compared to the current situation,” the commission said in a statement.

But this had not been enough for the UK’s Competition and Markets Authority, which yesterday said that it “stands by” last month’s decision to block the deal.

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