BRUSSELS (Reuters) – EU antitrust regulators on Monday cleared Microsoft Corp’s $69 billion acquisition of Activision, saying remedies offered by the U.S. 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 to the current situation,” the EU competition watchdog said in a statement.
(Reporting by Foo Yun Chee)
