EU Approves Microsoft's $69 Billion Deal Despite UK Veto.

Microsoft's $69 billion takeover of Activision Blizzard is expected to be approved by the European Commission after the company proposed allowing rivals to offer titles on their cloud gaming platforms. This comes after the UK's Competition and Markets Authority vetoed the deal last month. The companies have pledged to challenge the CMA's decision and are fighting a US lawsuit against the transaction. The EU decision runs counter to the findings of the UK's regulator, which said the remedies didn't allay its antitrust concerns.