By Paul Sandle and Yadarisa Shabong
LONDON -Microsoft's restructured $69 billion acquisition of Activision Blizzard "opens the door" to the biggest ever gaming deal being cleared, Britain's antitrust regulator said on Friday.
Microsoft announced the deal in early 2022, but it was blocked in April by Britain's competition regulator, which was concerned the U.S. tech giant would gain too much control of the nascent cloud gaming market.
In August, "Call of Duty" maker Activision agreed to sell its streaming rights to Ubisoft Entertainment in a new attempt to win over the Competition and Markets Authority (CMA).
The CMA said on Friday that the Ubisoft divestment "substantially addresses previous concerns".