A win or a U-turn? UK regulators approve Microsoft's gaming takeover.

Live from the UK, this is the Marketplace Morning Report from the BBC World Service.

I'm Felicity Hanna, Inferly Annaburn. Good morning.

Yes, big news for gamers this morning.

I tell you this.

For when my days have come to an end.

You shall be killed.

Oh, that was a trailer for World of Warcraft.

I have lost many hours to that game.

But here in the UK regulators have given the green light to Microsoft's takeover of Activision Blizzard.

The developer owns hits like Call of Duty, World of Warcraft, and Candy Crush.

And that's what makes it so attractive to Microsoft, which has proposed the deal worth $69 billion.

There have been questions over whether the merger would go ahead.

As the UK's competition and market's authority blocked it in April, citing concerns about competition in cloud gaming.

Globally, other regulators have also scrutinized the deal.

It had been approved in the European Union, and the competition authority in the US lost its court case to block the takeover.

Microsoft's president Brad Smith was not happy about the UK's initial block.

Here's what he told the BBC at the time.

This decision, I have to say, is probably the darkest day in our four decades in Britain.

It does more to shake our confidence in the future of the opportunity to grow a technology business in Britain than we've ever confronted before.

Well, earlier on, I spoke to the CEO of the UK's competition and market's authority, Sarah Cardell.

I asked why the regulator had blocked the deal.

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