Japan's Fair Trade Commission has given the green light to Microsoft's plans to acquire Activision Blizzard.
In January last year, Microsoft announced it plans to buy Activision Blizzard to the tune of $68.7 billion. If the deal goes ahead, it will be the largest acquisition the industry has ever seen. Given its magnitude, there are a lot of hurdles that Microsoft must overcome before it can bring Activision Blizzard under its umbrella. Currently, it's being investigated by the regulatory authorities in various countries to determine whether or not it would hinder competition. Japan is the latest country to give its verdict on the proposed merger, and it's good news for Microsoft.
