EU set to approve Microsoft purchase of Activision as soon as Monday - report
Rich Polk/Getty Images Entertainment

European antitrust regulators are expected to approve Microsoft's (NASDAQ:MSFT) planned $69 billion acquisition of Activision (NASDAQ:ATVI) next week.
The European Commission is expected to approve the deal as soon as Monday, according to a Reuters report on Wednesday, which cited people familiar. The European regulator has a May 22 deadline for its decision on the videogame mega deal.

Reuters reported in March that Microsoft (ATVI) was reportedly headed toward European antitrust approval for Activision (ATVI), thanks to its offers to license videogames to its competitors.
The latest report comes after the UK's regulator blocked Microsoft's planned Activision deal last month,
citing concerns about cloud gaming.