Microsoft-Activision's $69 Billion Pact, Biggest Gaming Deal, Cleared by UK
- CMA said new deal will preserve competition, better services
- Biggest ever gaming deal can move to Oct. 18 completion
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Microsoft Corp.’s $69 billion acquisition of Activision Blizzard Inc. was approved by the UK competition watchdog, removing the final major global regulatory hurdle that stood in the way of the biggest ever gaming deal completing.
The Competition and Markets Authority said Friday that Microsoft’s restructured offer to sell some gaming rights to French publisher Ubisoft Entertainment SA satisfied any competition concerns it had. The agency said it would preserve competitive prices and better services.