Microsoft's acquisition of Activision Blizzard has been approved in Chile, and several countries are still under review.

CTOnews.com, December 30 (Xinhua) although the largest acquisition in Microsoft's history continues to be reviewed by regulators in various countries and regions, at least one more country has approved the deal.

Chilean regulator Fiscal í a Nacional Econ ó mica (FNE) announced on Thursday that it had approved Microsoft's acquisition of Activision Blizzard. In a press release, local regulators explained that competition was still fierce compared with other large third-party companies such as EA, Epic Games and Ubisoft.

"We expect to see more such approvals as other responsible regulators review the incident," said Lulu Cheng Meservey, executive vice president of Activision Blizzard's affairs.

However, the nearly $69 billion deal still has a long way to go before it is finalized.

A handful of countries, including Chile, Brazil, Saudi Arabia and Serbia, have ratified the deal, but Microsoft still needs approval from several countries, and many regulators are currently in the final stages of reviewing the deal, such as the European Commission and the UK's CMA. CTOnews.com has reported that the Federal Trade Commission (FTC) has also filed a lawsuit against Microsoft, which is trying to block the deal.