Posted 10/13/2023, 12:42:55 PM
Microsoft Closes $69B Activision Blizzard Acquisition After Addressing UK Competition Concerns
- Microsoft closes $69B acquisition of Activision Blizzard after approval from UK regulator
- Deal initially blocked in April over concerns about cloud gaming market competition
- Microsoft agreed to sell streaming rights to Activision games to address concerns
- UK regulator says sticking to its position paid off to benefit competition and consumers
- Microsoft deal cleared globally after concessions, seen as boosting gaming business vs Sony
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