Activision stock plunges as U.K. regulator says it will 'prohibit' Microsoft merger

The U.K. regulator says it would block Microsoft Corp.’s mega-deal for videogame publisher Activision Blizzard Inc., citing the potential for negative impacts on competition in the cloud-gaming market.

The U.K.’s Competition and Markets Authority said Wednesday that it would “prohibit” the merger as it could make Microsoft stronger in the market for global cloud-gaming services. The company already has an estimated 60% to 70% share in this market, the regulators said.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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

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.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

UK regulator blocks Microsoft's Activision Blizzard merger over cloud concerns | EngadgetRegulators say the deal would hand Microsoft the bulk of the cloud gaming market..
Herkunft: engadget - 🏆 276. / 63 Weiterlesen »