Europe greenlights Microsoft's $68.7B Activision acquisition

Posted on AllSides May 15th, 2023
From The Center

The European Commission (EC) has given the go-ahead to Microsoft’s proposed $68.7 billion bid for gaming giant Activision. The news comes a few weeks after the U.K. emerged as the first jurisdiction to block the megabucks deal, while the Federal Trade Commission (FTC) in the U.S. is suing to block the deal. Europe had been mulling an in-depth probe for some time, confirming back in November that it was concerned that the coming together of Microsoft and Activision could reduce competition in both the console and PC video game market....

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