The Competition and Markets Authority (CMA), which operates independently from government, blocked the deal on Wednesday, saying it could hit competition in the nascent cloud gaming market, , microsoft corp, Activision Blizzard, acquistion
LONDON - Microsoft's president Brad Smith said the UK regulator's decision to prevent its acquisition of Call of Duty maker Activision Blizzard "had shaken confidence" in Britain as a destination for tech businesses. The Competition and Markets Authority (CMA), which operates independently from government, blocked the deal on Wednesday (April 26), saying it could hit competition in the nascent cloud.
The UK government has published a much-anticipated Bill which will make significant changes to the UK competition and consumer rules and bolster the powers of the Competition and.