UK blocks Microsoft takeover of Activision Blizzard
The UK antitrust regulator has blocked Microsoft’s $69 billion purchase of Activision Blizzard, thwarting one of the tech industry’s biggest deals over concerns it will stifle competition in cloud gaming.
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The UK cloud gaming market is expected to be worth up to £1 billion ($1.2 billion) by 2026, around 9% of the global market, according to the Competition and Markets Authority.
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Microsoft Acquistion of Activision Blizzard Blocked by UK Competition & Markets Authority
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