Chinese regulators, noted for their rigorous oversight, have finally greenlit Xbox's acquisition of Activision Blizzard.
The video game industry, undoubtedly, is currently set to go on a transformative period. As two power players in the video game industry collide, the implications are substantial and far-reaching.
The proposed acquisition by Microsoft is a sign of new things coming to gaming. Activision Blizzard is the creator of best-selling titles like Diablo, Warcraft, StarCraft, and of course, Call of Duty, which recently enjoyed one of the best launches of any entertainment product in history.
As an amalgamation of a vast assortment of video games under a single umbrella, this move has the potential to reshape the gaming landscape.
But, buying a company as massive as Activision Blizzard isn't straightforward. China's regulators might have already given it the green light and so far the EU, but UK's CMA and the US' FTC are still two of the largest hurdles that the proposed merger has to overcome.