China Approves Microsoft's Acquisition of Activision Blizzard
China's State Administration has approved Microsoft's attempted $69 billion acquisition of Activision Blizzard, joining a total of 37 regulators including the EU and Japan.
The news was first surfaced today on SeekingAlpha via a Dealreporter item, and has since been confirmed via a statement from a Microsoft spokesperson sent to IGN:
This news comes just a few days after the European Commission approved the deal in the EU. The one opposing voice thus far remains the UK's Competition and Markets Authority (CMA), which blocked the deal on the basis of its potential to let Microsoft monopolize a nascent cloud gaming market. Microsoft has stated its intent to appeal the UK's decision.
The deal has yet to be approved in the US, where the Federal Trade Commission is preparing to sort out its ruling in court this August, and legal experts we spoke to are divided as to which was the decision will ultimately fall.
Rebekah Valentine is a senior reporter for IGN. You can find her on Twitter @duckvalentine .
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