Monday, May 15, 2023

Xbox's Activision Blizzard Deal Approved by European Commission

Microsoft's acquisition of Activision Blizzard has been approved by the European Commission. The approval brings Microsoft's historic deal one step closer to completion.

In a new press release, the European Commission announced that it has approved the propsed acquisition under the EU Merger Regulation. The EC's agreement does comes with conditions, however, that will require "full compliance" from Microsoft.

"The commitments [offered by Microsoft] fully address the competition concerns identified by the Commission and represent a significant improvement for cloud gaming as compared to the current situation," reads the EC's statement.

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Nexon's Medieval Fantasy Brawler Warhaven Shutting Down 6 Months After Launching in Early Access

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