The proposed $69bn acquisition of Activision is splitting global regulators over competition concerns
of the deal last month had experts warning the deal now faces significant hurdles in order to be successful.who have previously represented British Royals to fight that decision.restricting Microsoft and Activision Blizzard from acquiring stakesReacting to the European Commission's statement, CMA chief executive Sarah Cardell said they stood by their decision.
"This is one of the reasons the CMA's independent panel group rejected Microsoft's proposals and prevented this deal."The deal is important for Microsoft who are trying to play catch-up with its main competitors Sony. They have been the more successful of the two in recent years when it comes to sales in the console market.
Their Gamepass offering is compelling but lacking the volume and calibre of new titles to fully transform the way most people play. This deal would give it control of some of the world's most popular games such as Call of Duty, World of Warcraft and Overwatch. Being in charge of titles like that could be a big boost to the service.
That is why the CMA decided to block the decision in the UK, arguing it would put Microsoft in too dominant a position in this up-and-coming sector.- especially given how small the cloud gaming sector is in the grand scheme of things and given it is not be guaranteed to become the dominant way of accessing games in future.The American technology giants have not taken the setback in the UK quietly.
The EU taking an opposing position on the mega-deal could be read by some as a reflection of post-Brexit frictions with the UK.
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