Competition regulator had initially moved to block $69bn acquisition but concerns addressed

The UK’s competition watchdog has cleared Microsoft’s $69bn (£54bn) deal to buy Activision Blizzard, the maker of games including Call of Duty and World of Warcraft, in a move that paves the way for both companies to complete the transaction.

The Competition and Markets Authority (CMA) moved to block the megadeal in April, citing concerns that Microsoft – maker of the Xbox gaming console – would dominate the nascent cloud gaming market.

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