EU regulators may approve Microsoft’s Activision deal by April 25: Report

Microsoft announced its plans to acquire Call of Duty maker Activision Bizzard in a $69 billion deal in January 2022. Ever since the tech giant announced the biggest deal in the gaming industry, it has been under the scanner of several regulatory watchdogs across various countries. Among the investigations from various institutions, the EU was also one of the regulatory bodies that also scrutinised the deal. According to a report by Reuters, Microsoft is now expected to secure EU antitrust approval for the gaming deal. The report also mentions that Microsoft’s decision to offer licensing deals to its rivals helped the company “to clear a major hurdle.” Microsoft announced this deal to take on major players Tencent and Sony in the growing video gaming market. With this deal, the company also wants to venture into the metaverse which is a virtual online world where people can work, play and socialise.

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