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International Business: Microsoft wins EU approval for $69 billion Activision deal

International Business: Microsoft wins EU approval for $69 billion Activision deal
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Microsoft Wins EU Antitrust Approval for Activision Deal Vetoed by UK

Microsoft Corp gained EU antitrust approval for its $69 billion acquisition of Activision on Monday, in a significant boost that could prompt Chinese and Korean regulators to follow suit despite a British veto of the deal. The US software giant still faces a battle to clinch a deal. It has until May 24 to appeal a decision by Britain's Competition & Markets Authority (CMA) to block it. A final decision may take months. The US Federal Trade Commission's case against the deal is also pending at the agency.

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