The EU Commission has completed its competition review of Microsoft’s acquisition of Activision Blizzard.
Pointing out that the Commission has approved the acquisition of Activision Blizzard by Microsoft within the framework of EU rules, it was informed that the approval is dependent on full compliance with the commitments made by Microsoft.
In the statement, it was stated that Microsoft has made 10-year comprehensive licensing commitments for the distribution of PC and console games via cloud streaming services to address the EU’s competition concerns, so that consumers in Europe can use all Activision Blizzard games through any cloud service they want.
According to the statement, these commitments fully addressed the competition concerns identified by the Commission.
At the beginning of last year, Microsoft announced its plan to acquire Activision Blizzard for approximately $69 billion.
Supervising mergers and acquisitions in large-scale companies operating in Europe is within the competence of the EU Commission.
The EU Commission evaluates whether there is an anti-competitive situation in its investigations and investigations. If anti-competitive situations are detected, the EU Commission can prevent mergers or acquisitions.
For EU approval, Microsoft has committed to providing European consumers with 10 years of free cloud gaming services for Activision’s games.