Microsoft’s $69 billion purchase of Activision Blizzard is a step closer to being approved following reports today that the deal has been approved by European regulators.<\/p>
The European Commission has approved the deal, according to reports by The Verge<\/a> and Axios<\/a>, allowing it to officially be passed in the European Union. Microsoft made key concessions and adjustments regarding cloud gaming that appeased the EU regulatory body, and the Commission’s report<\/a> reflects those concessions as well as the Commission’s relaxed concerns regarding competition.<\/p>
Concerns regarding a potential Microsoft monopoly of cloud gaming were one of the primary reasons why the U.K. regulatory body, the Competition and Markets Authority, blocked the purchase in April<\/a>. Additionally, the U.S. Federal Trade Commission filed a lawsuit<\/a> to block the acquisition in December.<\/p>