UK Blocks Microsoft Activision Deal Over Game Pass
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The UK’s Competition and Markets Authority (CMA) announced its decision to block Microsoft’s $69 billion acquisition of Activision Blizzard on Wednesday citing concerns it would hurt competition in the growing cloud gaming market where Microsoft dominates thanks to Game Pass. It’s a shocking turn of events for what seemed like a mega merger that was otherwise cruising toward regulatory approval.
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UK blocks Microsoft's $69 billion Activision deal over cloud gaming concerns
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