Microsoft likely to gain EU approval of Activision bid with licensing offer

  • Microsoft announced their bid for Activision in January 2020.
  • This is the biggest bid ever made by Microsoft.
  • The bid is to take on leaders Tencent and Sony in the booming videogaming market.
  • Microsoft also wants to venture into the metaverse, which are virtual online worlds where people can work, play, and socialise.
  • Microsoft is offering a licensing offer to gain EU approval of the Activision bid.
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