UK regulator blocks Microsoft's acquisition of Activision

Business regulators in the United Kingdom announced it has blocked Microsoft’s proposed acquisition of the video game company Activision Blizzard, citing their concerns that the move could prevent the future of cloud gaming. The U.K.’s Competition and Markets Authority (CMA) announced last September it would launch a probe into Microsoft’s $68.7 billion deal to acquire…

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UK Regulator Blocks Microsoft's Activision Blizzard Deal