Britain's Competition Regulator May Approve 'Modified' Microsoft-Activision Deal

Britain's competition regulator said a restructured deal between Microsoft and Activision Blizzard could satisfy its concerns, subject to a new investigation, marking a climbdown in its opposition to the biggest gaming deal in history. The Competition and Markets Authority (CMA) in April became the first regulator to block the $69 billion deal, but it appeared to offer an alternative outcome after a U.S. court ruling saying the deal could go ahead left Britain's regulator isolated.