EU Commission OKs Microsoft’s $69B acquisition of Activision Blizzardon May 15, 2023 at 16:36 Computerworld
The EU Commission today announced its approval of Microsoft’s $68.7 billion acquisition of gaming studio Activision Blizzard, a month after the UK’s Competition and Markets Authority (CMA) ruled against the deal.
While the Commission said it was reassured that the commitments offered by Microsoft “fully address the competition concerns identified by the Commission,” the approval is conditional on full compliance with the commitments. An independent trustee under supervision of the Commission will be in charge of monitoring their implementation.
“As always, the Commission has based its decision on hard evidence, and on extensive information and feedback from competitors and customers, including from game developers and distributors as well as cloud game streaming platforms in the EU,” a statement on the Commission’s website read.