EU to Approve $69 Billion Microsoft-Activision Deal on May 15, Sources Report

The European Union is expected to approve Microsoft's $69 billion acquisition of Activision on May 15, after the tech giant agreed to licensing deals with cloud streaming rivals. The UK competition authority blocked the deal earlier this year, citing concerns over competition in cloud gaming. The EU antitrust enforcer is expected to clear the acquisition after Microsoft agreed to licensing deals with cloud streaming rivals including Nvidia, Ukraine's Boosteroid and Japan's Ubitus.