Source: IGN.com’s RSS Feed
Microsoft’s acquisition of Activision Blizzard has been approved by the European Commission. The approval brings Microsoft’s historic deal one step closer to completion.
The European Commission announced on its website that it has approved the proposed acquisition under the EU Merger Regulation.
The EC reached similar conclusions as the UK’s Competition and Markets Authority (CMA) — that the deal would not harm the console market but could harm cloud gaming — but was satisfied with Microsoft’s proposed remedies for these concerns.
Improving the cloud gaming market.
This snippet has graciously been provided by IGN.com via their RSS Feed.