Categories: News

China has approved Microsoft’s proposed acquisition of Activision Blizzard

China’s antitrust regulator has approved Microsoft’s $69 billion acquisition of Activision Blizzard. The decision follows the EU’s approval of the deal last week.

“China’s unconditional clearance of our acquisition of Activision Blizzard follows clearance decisions from jurisdictions such as the European Union and Japan, bringing the total to 37 countries representing more than two billion people,” says a Microsoft statement on the approval provided to Eurogamer.

“The acquisition combined with our recent commitments to the European Commission will empower consumers worldwide to play more games on more devices.”

Last month the proposed acquisiton was blocked by the UK’s Competition And Markets Authority, who cited concerns that the merger could impact competition in the nascent cloud gaming space in which Xbox Game Pass is the current leader. Microsoft announced they would appeal the decision.

The US Federal Trade Commission (FTC) have likewise moved to block the deal, with hearings due to begin later this year.

Microsoft have attempted to reassure regulators by signing deals to bring their games to rival cloud streaming services, therefore supposedly preventing Activision Blizzard’s games being exclusive to Game Pass or Xbox. One such deal involves bringing all Xbox PC games to GeForce Now, Nvidia’s cloud streaming service, for a 10-year period. The deal would include Call Of Duty should Microsoft come to own it.

 

Read original article here

Denial of responsibility! Gamers Greade is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@gamersgrade.com. The content will be deleted within 24 hours.

Share
Jason Junior

Published by
Jason Junior

Recent Posts

How to Find Chewbacca in Fortnite

The legendary pilot of the Millennium Falcon, Chewbacca, has dropped into Fortnite. After much anticipation,…

May 3, 2024

FromSoftware continues to hint at possibility of ‘Elden Ring’ sequel

FromSoftware is gearing up to launch Elden Ring expansion Shadow Of The Erdtree, but the…

May 3, 2024

Universal Orlando Confirms Three Super Nintendo World Rides, Including Jumping Donkey Kong Coaster

Universal Orlando Resort has released a new video detailing what to expect at its Florida-based…

May 3, 2024

Barbra Streisand knows I exist?

Melissa McCarthy has responded to Barbra Streisand’s recent viral comment on her Instagram. On Monday…

May 3, 2024

CoD MW3 Dev Error 5433 Fix, Explained

Call of Duty: Modern Warfare 3 players recently have been experiencing a well-known error called…

May 3, 2024

Riot Games’ anti-cheat rollout hasn’t gone off without a hitch, with some players claiming it’s bricking PCs

Riot Games has finally rolled out its Vanguard anti-cheat to League of Legends. In the…

May 3, 2024