European Union clears Microsoft’s acquisition of Activision Blizzard

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European Union clears Microsoft’s acquisition of Activision Blizzard
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The European Union on Monday cleared Microsoft’s $69 billion purchase of the gaming company Activision Blizzard, in a rare victory for the companies after blows from regulators in the United States and United Kingdom.

The acquisition is one of the largest in the history of the tech industry, and it was announced as regulators around the world promised to take a tougher stance against the growing power of a handful of tech companies.

In recent months,
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