Microsoft hits back at UK after Activision acquisition blocked

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegulator: we protect UK consumers and businessespresident 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.

A spokesman for British Prime Minister Rishi Sunak said Smith's comments were "not borne out by the facts". Smith said Microsoft had worked effectively with regulators in Brussels but not in London, which he said refuted Britain's claim that it would be more flexible after Brexit. "There's a clear message here - the European Union is a more attractive place to start a business if you want some day to sell it than the United Kingdom," he added.

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