announced
it will block Microsoft’s purchase of Activision Blizzard. In a statement, the body said the deal risks harming the nascent cloud-gaming market by creating a monopoly player. It said that Microsoft would have a market share of between 60 and 70 percent, giving it an “incentive to withhold [Activision Blizzard] games from competitors and substantially weaken competition in this important growing market.
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Microsoft’s Activision Blizzard acquisition blocked by UK regulatorsMicrosoft says it will appeal the decision
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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.
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