Microsoft’s attempt to acquire Activision Blizzard, the maker of Call of Duty, has received approval in the UK, eliminating the final obstacle to the largest-ever gaming deal.
The UK’s Competition and Markets Authority (CMA) stated that it granted permission after the revised agreement significantly addressed its previous concerns.
In early 2022, Microsoft, the creator of Xbox, announced the largest gaming deal in history, but the £56 billion ($69 billion) acquisition was blocked in April by Britain’s competition regulator.
The regulator was worried that the American tech giant would gain excessive control over the emerging cloud gaming market.
“The new agreement will prevent Microsoft from monopolizing competition in the cloud gaming sector as it gains momentum, ensuring competitive prices and services for UK cloud gaming customers,” said the UK’s Competition and Markets Authority (CMA) in a statement.
Last month, the regulator indicated that the deal would likely be approved.