The EU is apparently set to approve Microsoft’s Activision-Blizzard buyout after all


When the UK’s Competition and Markets Authority put the brakes on Microsoft’s acquisition of Activision-Blizzard at the end of April, we saw multiple pundits suggest the EU might follow suit. That apparently won’t be the case, however, as Reuters is reporting today on multiple sources who say the EU will, in fact, approve the merger as early as next week.

As readers will recall, Activision-Blizzard and Microsoft brokered the deal back at the start of 2022 following half a year of staggering blows to Activision-Blizzard’s reputation and stock value thanks to multiple harassment and discrimination scandals and related lawsuits, resignations, and sackings. Microsoft was set to buy out ABK to the tune of almost $70B this summer, but regulators around the globe have expressed concerns with Microsoft’s anticipated power in the online gaming space. If the EU approves the deal, the key holdouts would be the UK and the USunless the right appeasements are offered.

Source: Reuters. Cheers, Roger!
Previous articleIndie MMO Genfanad aims to shore up combat and more ahead of Steam launch
Next articleElectronic Arts ends 2023 fiscal year with $7.4B in revenue, talks up investment in ‘games as a platform’

No posts to display

oldest most liked
Inline Feedback
View all comments