The European Union has approved Microsoft’s blockbuster $68.7 billion buyout of Activision Blizzard, and one of the key people involved in the decision, Margrethe Vestager, has now shed more light on the decision.
In a speech recently, Vestager spoke about the divergence of opinion between the EU and the UK, the latter of which blocked the deal over concerns about cloud gaming.
“No one doubts that this was a landmark transaction in the gaming industry. Gaming is a dynamic market that impacts millions of consumers in Europe. So the deal deserved a thorough investigation. We looked at impacts on gamers today and in the future–whether they play on PC, console, or on their phones. We focused on the development of cloud streaming, which will play an increasing role in how consumers access games,” Vestager said.
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