UK blocks Microsoft $69 billion Activision deal over cloud gaming concerns

  • 📰 Reuters
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Britain said it would block Microsoft's $69 billion acquisition of 'Call of Duty' maker Activision Blizzard over its concerns it would hinder competition in cloud gaming

The country's antitrust regulator said Microsoft's commitment to offer access to Activision's multi-billion dollar "Call of Duty" franchise to leading cloud gaming platforms would not effectively remedy its concerns.

Reporting by Paul Sandle; Editing by Kate Holton
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Britain blocks Microsoft's $69 billion acquisition of Activision BlizzardBritain's top competition regulator on Wednesday moved to block Microsoft's acquisition of video game publisher Activision Blizzard.
Source: CNBC - 🏆 12. / 72 Read more »

Microsoft preparing to close Activision deal despite FTC suit: sourcesMicrosoft is making plans to complete its $69 billion acquisition of Activision Blizzard — despite the Federal Trade Commission’s December move to block the deal over antitrust concerns, The …
Source: nypost - 🏆 91. / 67 Read more »

Microsoft’s $75 Billion Deal for Activision Blizzard Rejected by U.K.Breaking: The U.K.'s antitrust watchdog rejected Microsoft's $75 billion deal to buy Activision Blizzard, raising a high hurdle in the company's bid for global approval
Source: WSJ - 🏆 98. / 63 Read more »

Microsoft’s Activision Blizzard acquisition blocked by UK regulatorsMicrosoft says it will appeal the decision
Source: verge - 🏆 94. / 67 Read more »