E.U. Approves Microsoft’s $69B Deal for Activision

The UK’s analysis was highly speculative and not that persuasive to me as an antitrust economist.

I don’t think this is likely a good merger for consumers due to the possibility that Microsoft would foreclose PlayStation users. But the EU’s reasoning in terms of “damage to future competition in a sector which might exist but currently doesn’t” was really unpersuasive.

I don’t know UK competition law that well but if they can appeal and the law is like US law then I would imagine they have a good chance at getting the merger approved in the UK.

I was confused for a moment because I thought it had been rejected already. This is the E.U. approving it where as previously the UK had rejected.

Oh well. Hoping Microsoft doesn't win any appeal in the UK then.