European regulators have approved Microsoft's $US69 billion ($102 billion) purchase of video game company Activision Blizzard, deciding the deal will not suppress competition for popular console titles like Call of Duty.
abc.net.au/news/europe-approves-microsoft-deal-to-buy-activision-blizzard/102349812European regulators have approved Microsoft's $US69 billion purchase of video game company Activision Blizzard, deciding the deal will not suppress competition to the US company's Xbox game console.
The merger deal, which would make Microsoft the third largest game publisher in the world after Tencent and Sony,In its latest update, the Australian Competition and Consumer Commission said it is still "engaging with overseas regulators" as it carries out its own review. After its review, the European Commission dismissed the possibility that Microsoft would cut off its games from PlayStation, saying that excluding the most popular gaming console would put a big dent in its profits.
Britain's Competition and Markets Authority said in a statement on Monday it "stands by its decision".
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