Grab your clubs. We're heading to Bushwood for a closer look at the business of golf.

Motley Full Money starts now.

I'm Chris Hill joining me today. Motley Full Senior LSJ St. Moser. Good to see you.

Happy Monday. Happy Monday. We're going to start with some news that broke this morning.

Regulators in the European Union have approved Microsoft's proposed acquisition of Activision

Blizzard. They said the concessions that Microsoft have offered around cloud gaming are enough

to alleviate any antitrust concerns. I will just remind everyone that it was just last month that

regulators in the UK basically said the opposite and they blocked the deal. They stand by that

decision here in the US. The Federal Trade Commission has yet to make a formal ruling.

But Jason, you look at both stocks and it looks like investors have decided they are going with

the UK on this one. They don't think the deal is going through because shares of Activision Blizzard

are basically, you know, they're up half a percent on this news.

Yeah. Well, I think that's because ultimately, you know, this has not been solved. I mean,

I think the first thing that came to mind when I saw this headline, it just made me think of

the office in the episode with SNP SNP SNP SNP SNP SNP. If you're a fan of the office,

then you know what I'm talking about. I mean, what are you doing? Seriously?

You know, yeah, the UK competition and markets authority from, I guess, a couple of weeks ago,

said they opposed the deal. Now you've got the European Commission, which is the

use executive arm, saying that they are okay with the deal as long as certain remedies are met.

Primarily, the remedies are what we've discussed before is making sure that rivals have

access to that content for at least 10 years, right? Because there's two dynamics that

really come into play with this deal. You've got the Microsoft hardware side of it with Xbox,

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