News Formal

UK regulator blocks Microsoft's Activision Blizzard merger over cloud concerns | Engadget

  • 📰 engadget
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

UK regulator blocks Microsoft's Activision Blizzard merger over cloud concerns

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 276. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft’s Activision Blizzard acquisition blocked by UK regulatorsMicrosoft says it will appeal the decision
Source: verge - 🏆 94. / 67 Read more »

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.
Source: CNBC - 🏆 12. / 72 Read more »