Microsoft’s revised deal to buy Activision approved by U.K.’s CMA

The new deal for Microsoft (MSFT) to buy Activision (ATVI) without cloud gaming rights has been cleared after the CMA concluded it would preserve competitive prices and better services, the CMA said in a statement. In August this year Microsoft made a concession that would see Ubisoft (UBSFY), instead of Microsoft, buy Activision’s cloud gaming rights. The CMA said: “The new deal will stop Microsoft from locking up competition in cloud gaming as this market takes off, preserving competitive prices and services for UK cloud gaming customers. It will allow Ubisoft to offer Activision’s content under any business model, including through multigame subscription services. It will also help to ensure that cloud gaming providers will be able to use non-Windows operating systems for Activision content, reducing costs and increasing efficiency.”