, a move that could have potentially disrupted the rapidly-developing cloud gaming market. While the deal had already gotten approvals from various regulatory bodies, it hit a snag with the UK’s Competition and Markets Authority earlier this year. The deal marks a key moment, highlighting the CMA’s growing influence in global tech regulation since Britain’s exit from the EU.
While the deal appears to be a win for Microsoft, it can also be viewed as a victory for regulators committed to ensuring fair play in rapidly growing industries. Sarah Cardell, CMA Chief Executive, indicated that this outcome was possible because the regulator remained “free from political influence,” despite pushback from Microsoft and limited support from the British government.Microsoft is Expected to Pay $28.
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