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.”