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Microsoft’s proposed take over of Activision Blizzard has now been blocked by the UK Competitors and Markets Authority. The CMA states that the deal has been blocked attributable to considerations the deal would alter the way forward for the fast-growing cloud gaming market, which they are saying would scale back “innovation and fewer selection for UK players through the years to return.” They went on to say that “Microsoft’s answer had “important shortcomings” and and that “Cloud gaming wants a free, aggressive market to drive innovation and selection”
“Microsoft says it would enchantment the choice, but it surely’s a blow to Microsoft’s hopes of buying Activision Blizzard and can possible stop the corporate closing its large deal if an enchantment is unsuccessful.”
The Verge
Associated
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