On May 16, the European Union’s (EU) executive body and the European Commission conditionally approved Microsoft’s proposed acquisition of Activision Blizzard under the EU merger rules.
In January, Microsoft announced that it would acquire the major game maker Activision Blizzard for $68.7 billion, and attention was increasing about that move.
The European Commission conducted an in-depth market study of the planned acquisition and determined that Microsoft would not harm competing consoles or competing multi-game subscription services. On the other hand, he pointed out that Microsoft could adversely affect competition in game distribution via cloud game streaming services.
In response, Microsoft will offer all licensed Activision Blizzard PC and console games to consumers in the EEA over the next decade to address the competitive concerns identified by the Commission. Proposed to use a cloud streaming service and enable streaming. The European Commission has approved the proposed acquisition subject to full compliance with this offer.
Future developments will be monitored under the supervision of the committee to ensure that Microsoft fully complies with the proposals.
□Announcement page on the EU official website
2023-05-16 08:03:13
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