Microsoft’s Activision Blizzard Deal Blocked by U.K. Regulator

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Microsoft’s Activision Blizzard Deal Blocked by U.K. Regulator
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The mega-deal 'could result in higher prices, fewer choices or less innovation,' Britain's Competition and Markets Authority had previously warned.

that the mega-deal “could harm U.K. gamers” and “substantially reduce” competition.

Britain’s Competition and Markets Authority published its final findings well more than a year after theThe acquisition, the largest in Microsoft’s history, would have made the tech powerhouse the world’s third-largest gaming company by revenue, behind Tencent and Sony. The transaction, which has faced opposition from such rivals as Sony and U.S.

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