Microsoft’s $69B Activision merger on track for green light


The UK’s antitrust watchdog announced today that it has provisionally accepted Microsoft’s new terms for its $69bn acquisition of Call of Duty developer Activision-Blizzard, renewing hopes that the biggest-ever gaming deal will go ahead. The Competition and Markets Authority (CMA) blocked the merger in April after fears that Microsoft — which already accounts for an estimated 60% to 70% of the global cloud gaming market — would further increase its advantage by making some of the world’s most popular games exclusively available on its own platforms. The two firms submitted a revised merger agreement to the CMA last month, aimed…

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