Microsoft's $69bn Activision deal cleared by UK regulator
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Microsoft just got the green light from the UK Competition and Markets Authority (CMA) for its whopping $69 billion purchase of Activision Blizzard, the brains behind the superhit video game Call of Duty. The deal was on shaky ground due to government pushback in both the US and the UK, but Microsoft's offer to license part of Activision's cloud gaming business to a rival put the CMA's worries to rest, letting the acquisition move forward.