European Commission gives Vivendi and Activision deal a thumbs-up

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The European Commission has approved the Vivendi and Activision merger which will give Vivendi a 52 percent stake in a new company called Activision Blizzard.

The Commission justified its decision by saying that its huge stake in the software industry will still face strong competition from companies such as Electronic Arts, Sony, Nintendo, and Microsoft.

The new company will have quite a stable of IPs under its belt such as Warcraft, StarCraft, Guitar Hero, Call of Duty, and Tony Hawk. It makes one wonder what impact this new player in the video game industry will be making.