Current Events > European Union commission approves Microsoft's bid for gaming giant Activision

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https://www.msn.com/en-us/money/other/european-union-commission-approves-microsoft-s-bid-for-gaming-giant-activision/ar-AA1bdIJl

May 15 (UPI) -- The executive branch of the European Union said Monday that Microsoft has offered enough remedies to address antitrust concerns, paving the way for the proposed $69 billion acquisition of gaming giant Activision Blizzard.

The acquisition was opposed by rival game developer and PlayStation console maker Sony over fears it would see Microsoft's Xbox platform push it out of the market. Market regulators globally, meanwhile, expressed concern over whether Microsoft would come to dominate the cloud-gaming market through the acquisition.

On Monday, however, the European Commission, the executive arm of the EU, said Microsoft had done enough to allay concerns on cloud gaming specifically to warrant a positive decision on the merger.

Activision by itself doesn't license or stream its games for cloud-based services. While the commission found that Microsoft wouldn't gain leverage over its competition for subscription-based gaming platforms, it would be able to distort the market by monopolizing the cloud....

Just found out about this, wanted to know others think about it.

I'm sure you found out about this from the topic literally on the first page

Irony posted...

I'm sure you found out about this from the topic literally on the first page

I found the story via my e-mail, that I do once I'm mostly awake.
Sorry if this story was already up, it was not my intention.