UK blocks Microsoft-Activision gaming deal, biggest in tech
Apr 27, 2023 #UnitedKingdom #Microsoft #Activision
British antitrust regulators on Wednesday blocked Microsoft’s $69bn purchase of video game
Apr 27, 2023 #UnitedKingdom #Microsoft #Activision
British antitrust regulators on Wednesday blocked Microsoft’s $69bn purchase of video game maker Activision Blizzard, thwarting the biggest tech deal in history over worries that it would stifle competition for popular titles like Call of Duty in the fast-growing cloud gaming market.
The Competition and Markets Authority said in its final report that “the only effective remedy” to the substantial loss of competition "is to prohibit the Merger." The companies have pledged to appeal.
Ian Sherr is a freelance technology analyst who has covered the video game industry for over a decade. He Joins us live from Silver Spring, Maryland to discuss the latest updates.
#UnitedKingdom #Microsoft #Activision #ActivisionBlizzard #Xbox #CallOfDuty
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