British business minister rejects Microsoft’s criticism of decision to block Activision Blizzard deal

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Activision Blizzard has said it will sell its streaming rights in a fresh attempt to win approval from Britain’s antitrust regulator for its $69-billion sale to Microsoft

President Brad Smith that the Competition and Market Authority’s initial decision to block its purchase of video game maker Activision was bad for Britain.has since said it will sell its streaming rights in a fresh attempt to win approval from Britain’s antitrust regulator, the CMA, for its $69-billion sale to Microsoft.

Asked about Smith’s criticism, given that the deal had been approved in some other countries, Badenoch pointed out it had gone to appeal in the companies’ main market, the United States. “We were not an outlier if you talk about the size of the market … At some point, we have to decide are we making in a way that’s right for us or just trying to do what everybody else is doing? So no, I don’t agree with his comment,” she told lawmakers.

“If the CMA is doing something wrong, I think that will become evident through a pattern which is not yet the case.”Checking box will enable automatic data updates.

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