Microsoft and UK regulators agree to pause legal fight to negotiate Activision acquisition | Engadget

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Microsoft and UK regulators agree to pause legal fight to negotiate Activision acquisition | Engadget
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Microsoft and UK regulators agree to pause legal fight to negotiate Activision acquisition

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to buy Activision Blizzard at the end of April. At the time, the regulator argued the deal would harm the nascent cloud-gaming market by creating a monopoly player in Microsoft. It added, if the acquisition were to move forward as planned, Microsoft would have an"incentive to withhold [Activision Blizzard] games from competitors and substantially weaken competition in this important growing market.

" Microsoft had planned to challenge the decision, with a preliminary hearing before the Competition Appeal Tribunal , the body that hears appeals on CMA decisions, set for July 28th.

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Microsoft's Activision acquisition moves ahead as judge rejects FTC injunction request | EngadgetMicrosoft's Activision acquisition moves ahead as judge rejects FTC injunction request | EngadgetA judge has rejected the Federal Trade Commission's attempt to block Microsoft from buying Activision Blizzard for $68.7 billion.
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