Microsoft, Activision weigh sale of some UK cloud-gaming rights - Bloomberg News

FILE PHOTO: Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -Microsoft Corp and Activision Blizzard are considering giving up some control of their cloud-gaming business in the UK to appease regulators so they can complete their $69 billion merger, Bloomberg News reported on Thursday.

The deal, the largest in the history of the video game industry, was also struggling in Britain until this week. Britain's Competition and Markets Authority, which had opposed the transaction, said on Wednesday a restructured deal between Microsoft and Activision Blizzard could satisfy its concerns, subject to a new investigation.