European Commission Approves Microsoft’s Activision-Blizzard Acquisition
Following an "in-depth" investigation, the European Commission has approved Microsoft's proposed acquisition of Activision-Blizzard. The investigation began last November, with the commission citing Microsoft's potential expansion into the cloud gaming market as a primary concern. This was just one of many roadblocks the company faced, including ongoing battles with America's Federal Trade Commission (FTC) and the UK's Competition and Markets Authority (CMA). Roughly summarized, here are the conclusions the European Commission came to as a result of their investigations: Microsoft's merger would not provide them any incentive to refuse to distribute Activision-Blizzard games to Sony consoles. Even if Microsoft did withhold those games from Sony, it would not significantly harm the console market. Even prior to the merger, Activision would not make its games available on multi-game subscription services (i.e. Xbox Game Pass) If Microsoft made Activision games exclusive to...