EU clears Microsoft's $69B Activision Blizzard acquisition, paving way for Xbox exclusives.

The European Union has approved Microsoft's $69 billion acquisition of gaming company Activision Blizzard, after the tech giant agreed to concessions including licensing popular games to other cloud streaming providers. The deal had previously been blocked by regulators in the United States and Britain. The European Commission said the concessions "fully address" concerns that the deal would give Microsoft an unfair advantage in the cloud gaming market. Microsoft has vowed to fight moves by the Federal Trade Commission in the US and Britain's competition regulator to block the deal.