Sony Criticizes Microsoft's Activision Deal and CMA's Response.

Sony has criticized the UK's Competition and Markets Authority (CMA) for its "surprising, unprecedented, and irrational" reversal on Microsoft's proposed $69 billion buyout of Activision Blizzard. Sony argues that the CMA's change of stance is based on flawed data and a single economic model, and that if the errors were corrected, Microsoft's profits from each PlayStation player leaving the platform to play Call of Duty on Xbox would be "three times as high as the lifetime value of an average PlayStation user". Sony has called on the CMA to revisit its analysis of Microsoft's incentives and partial foreclosure.