Microsoft's Deal With Activision Is Looking Likely To Be Approved In EU Next Week
Antitrust regulators from the EU are expected to approve the acquisition on May 15.
It appears the Microsoft deal with Activision might go through after all…in Europe, at least.
According to Reuters, antitrust regulators from The European Union are expected to approve Microsoft's $69 billion acquisition of Activision come May 15. This update follows the United Kingdom’s competition authority recently blocking the deal due to concerns around competition in cloud gaming.
However, Microsoft responded to these concerns by reportedly entering into licensing agreements with cloud streaming services such as Nvidia, Boosteroid, and Ubitus. (All three of which are rivals.) Also, Microsoft has a deal with Nintendo to bring Call of Duty to its platforms if the acquisition is finalized. And yet, Valve Corp declined to enter into an agreement, as Steam feels no need for a contract and trusts Microsoft.
There’s also the U.S. Federal Trade Commission trying to block the acquisition. Japan is cool with it though. Last but not least, the European Commission has set a May 22 deadline for its decision, but the vote is expected earlier than that.
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About the Author
Matthew “dinofries” D'Onofrio is a writer, content creator, podcaster and — most importantly — a gamer. With such a strong passion for video games and a severe case of FOMO, it's no surprise he always has his finger on the pulse of the gaming world. On the rare occasion Matt's away from a screen, you'll find him strumming away on his acoustic guitar or taking care of his cat Totoro.
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