The Business Times
business-time-50

EU antitrust regulators clear US$69 billion Microsoft, Activision deal

Published Mon, May 15, 2023 · 10:45 PM
    • The European Commission said Microsoft has offered 10-year free licensing deals to European consumers and cloud game streaming services to stream Activision’s PC and console games which is a significant improvement for cloud gaming.
    • The European Commission said Microsoft has offered 10-year free licensing deals to European consumers and cloud game streaming services to stream Activision’s PC and console games which is a significant improvement for cloud gaming. PHOTO: REUTERS

    EU ANTITRUST regulators on Monday (May 15) cleared Microsoft Corp’s US$69 billion acquisition of Activision, saying remedies offered by the US software giant addressed their concerns.

    The European Commission said Microsoft has offered 10-year free licensing deals to European consumers and cloud game streaming services to stream Activision’s PC and console games, confirming a Reuters report in March.

    “The commitments fully address the competition concerns identified by the Commission and represent a significant improvement for cloud gaming as compared with the current situation,” the EU competition watchdog said in a statement. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    European UnionantitrustMicrosoft

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Anthony Lim, who will be taking over as chairman, spent 19 years at Singapore’s sovereign wealth fund GIC.

    Things to know about DBS’ incoming chairman Anthony Lim

    The dividend per share declared by DBS for Q3 2026 comprises an ordinary dividend of S$0.66 and a capital return dividend of S$0.15.

    DBS eyes prime brokerage business as Q3 profit falls 5% on weaker trading income

    Casa Mett was to have opened in early 2027 at 21 Cuscaden Road, where Ming Arcade used to stand.

    Royal Group and Sunset Hospitality abandon plans to open Casa Mett hotel off Orchard Road

    Former minister George Yeo bought 100,000 shares in agri-business Wilmar International from the open market at $2.97 each on Nov 4.

    George Yeo adds 100,000 Wilmar shares at S$2.97 apiece, taking stake to over 1 million shares

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More