EU backs Microsoft buying Call of Duty maker Activision Blizzard. But the $69B deal is still at risk

LONDON: The European Union on Monday approved Microsoft’s $69 billion purchase of video game maker Activision Blizzard, deciding the deal won’t stifle competition for popular console titles like Call of Duty and accepting the U.S. tech company’s remedies to boost competition in cloud gaming.

But the blockbuster deal is still in jeopardy because British regulators have rejected it and U.S. authorities are trying to thwart it.