- UK competition regulator drops key concern about Microsoft's $75bn acquisition of Activision Blizzard.
- Competition and Markets Authority no longer believes there is a risk of a "substantial lessening of competition" in the console market.
- CMA still investigating the impact on competition in cloud gaming.
- The US Federal Trade Commission remains the largest remaining regulatory barrier.
- Shares in Activision Blizzard rose by more than 5% on Friday morning in New York.
UK regulator drops key concern on Microsoft’s $75bn Activision deal
Surprise reversal clears substantial roadblock to approving tech giant’s acquisition of Call of Duty maker
Kate Beioley
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