The Fallout of Microsoft's Failed Activision Blizzard Deal.

1 min read
Source: The Verge
The Fallout of Microsoft's Failed Activision Blizzard Deal.
Photo: The Verge
TL;DR Summary

Microsoft's $68.7 billion deal to acquire Activision Blizzard has been blocked in the UK due to concerns about the future of cloud gaming. Microsoft will have to file a notice with the Competition Appeal Tribunal (CAT) to appeal the decision, but the chances of winning are slim. The EU is due to make a decision by May 22nd, and Microsoft is trying to get out ahead of regulators by signing a fresh deal with European cloud gaming platform Nware. The Federal Trade Commission in the US has also sued to block the deal, with an evidentiary hearing scheduled for August 2nd.

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