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

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