Microsoft’s $75 Billion Activision Blizzard Deal Gets EU Approval

BRUSSELS—The European Union’s antitrust watchdog approved Microsoft’s MSFT -0.31%decrease; red down pointing triangle planned $75 billion acquisition of Activision Blizzard ATVI 0.49%increase; green up pointing triangle , giving the two companies a win after the deal hit a regulatory roadblock in the U.K. The decision comes weeks after the U.K. regulator rejected the agreement, saying it would crimp competition in the country’s gaming market. Microsoft has said it would appeal that decision. Monday’s approval in Brussels won’t have any direct legal bearing on that process, and antitrust lawyers say Microsoft...