UK blocks Microsoft's Activision deal over competition fears
https://apnews.com/article/microsoft-activision-blizzard-merger-video-games-7037b3fdc3186872bf7b24aa3caeb932
British regulators have blocked Microsoft's $69 billion deal to buy video game maker Activision Blizzard over worries that it would stifle competition in the cloud gaming market.
The Competition and Markets Authority said in its final report Wednesday that “the only effective remedy” to the significant loss of competition that the deal would result in “is to prohibit the Merger.”
UK blocks Microsoft's Activision deal over competition fears
Apr 26, 2023, 12:21pm UTC
https://apnews.com/article/microsoft-activision-blizzard-merger-video-games-7037b3fdc3186872bf7b24aa3caeb932
> British regulators have blocked Microsoft's $69 billion deal to buy video game maker Activision Blizzard over worries that it would stifle competition in the cloud gaming market.
> The Competition and Markets Authority said in its final report Wednesday that “the only effective remedy” to the significant loss of competition that the deal would result in “is to prohibit the Merger.”