UK Regulator Blocks $70B Acquisition of Activision Blizzard

Microsoft’s $70 billion deal to acquire US-based video game company Activision Blizzard has been blocked in the UK by the competition watchdog. Brad Smith, vice chairman and president of Microsoft, said; “The CMA’s decision rejects a pragmatic path to address competition concerns and discourages technology innovation and investment in the United Kingdom.” Activision Blizzard Deal: […]