Report: Microsoft Activision Deal Will Not Require Another Round of EU Approval

microsoft activision eu

Microsoft has fought to acquire Call of Duty mega-company Activision Blizzard Inc. in a $69 billion deal since January of last year. Despite numerous ups and downs, it appears as though their fight may be nearly over. According to a report from Bloomberg, the Microsoft Activision deal will not require another round of EU approval before closing.

The UK’s Competition and Markets Authority (CMA) originally blocked the Microsoft Activision deal back in April due to concerns over cloud gaming. After Microsoft changed the details of the deal to give Ubisoft full distribution rights of Activision games, the CMA approved the revised deal and lifted their block.

This morning, Bloomberg heard from several anonymous sources close to the issue that the European Commission has determined that the changes made to the deal won’t require another round of approvals. Considering that the deadline for the acquisition deal is October 18, this works hugely in Microsoft and Activision’s favor.

This is likely the end of the European roadblocks Microsoft has faced in its journey to acquire Activision Blizzard. As it stands, the FTC still plans to try challenging the deal in the near future, though they’ll be unable to start proceedings before the deal closes in just a week.

Are you glad to see that the circus surrounding the deal is nearly over? Do you think the deal is good or bad for the gaming industry? Let us know in the comments.

We’ll let our readers know when the acquisition has officially gone through.

Source: Bloomberg

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