The UK Competition and Markets Authority announced on Wednesday that it was blocking Microsoft’s $68.7 billion purchase of Activision-Blizzard.
The regulator said that the purchase would give Microsoft a monopoly over cloud-based gaming, or games played over the internet.“Cloud gaming needs a free, competitive market to drive innovation and choice. That is best achieved by allowing the current competitive dynamics in cloud gaming to continue to do their job,” Martin Coleman, the CMA investigator overseeing the case, said in a statement.