Recently, the European Union passed a resolution recognizing the cultural and economic value of video games as well as esports. Thanks to this newly approved legislation, members of European Parliament (MEPs) will be tasked with developing long-term regulations and investment strategies to promote the gaming scene in Europe.
This resolution was passed easily. 560 people voted in favor of its passage with just 34 people voting against the resolution. 16 people abstained from voting entirely.
Prior to the passage of this legislation, EU regulators announced they would be performing an in-depth antitrust investigation into Microsoft and its proposed $68.7 billion acquisition of Activision-Blizzard. That comes following a similar probe by the United Kingdom’s CMA (Competition and Markets Authority).
“We must ensure that opportunities remain for future and existing distributors of PC and console video games, as well as for rival suppliers of PC operating systems,” reads a press release from Margrethe Vestager, European commissioner for competition. “The point is to ensure that the gaming ecosystem remains vibrant to the benefit of users in a sector that is evolving at a fast pace. Our in-depth investigation will assess how the deal affects the gaming supply chain.”
(All information was provided by VentureBeat)