Microsoft's bid for Call of Duty maker Activision Blizzard has been given UK approval, removing a last hurdle to the biggest-ever gaming deal.
The UK's Competition and Markets Authority said it gave the go-ahead to after the restructured deal substantially addressed its earlier concerns. Microsoft announced the biggest gaming deal in history in early 2022, but the £56bn acquisition was blocked in April by Britain's competition regulator.
It was concerned the US computing giant would gain too much control of the nascent cloud gaming market. 'The new deal will stop Microsoft from locking up competition in cloud gaming as this market takes off, preserving competitive prices and services for UK cloud gaming customers,' the UK's Competition and Markets Authority said in a statement. Last month the regulator appeared to hint the deal would get the go-ahead.
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