"UK Antitrust Regulator Blocks Microsoft's Acquisition of Activision Blizzard"

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Source: CNN
"UK Antitrust Regulator Blocks Microsoft's Acquisition of Activision Blizzard"
Photo: CNN
TL;DR Summary

The UK antitrust regulator has blocked Microsoft's $69 billion purchase of Activision Blizzard over concerns it will stifle competition in cloud gaming. The acquisition would make Microsoft "even stronger" in cloud gaming, a market in which it already holds a 60%-70% share globally, the regulator added. Both companies plan to appeal the decision.

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