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EU approves Microsoft's $69B acquisition of Activision Blizzard

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The European Commission, the European Union's executive arm, has given the green light to Microsoft's proposed $69 billion purchase of Activision Blizzard.

Microsoft agreed to concessions, including a provision that would allow users to stream Activision games they purchase on any cloud streaming platform.

The United Kingdom's top competition authority blocked the deal last month.

Read more from CNBC.

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