The European regulatory authorities approved the acquisition Microsoft's $69 billion takeover of Activision Blizzard, giving the company a win at a time when the deal is being contested in many other countries.

While the merger could hurt competition by some views, particularly in the fast-growing market for cloud gaming services, Microsoft's concessions were enough to mitigate antitrust concerns stemming from the deal, the European Commission said in a statement.
Among Microsoft's offers is a ten-year commitment that will allow European consumers to play Activision titles on any cloud gaming service.
Microsoft also pledged not to downgrade the quality or content of its games available on rival streaming platforms.
