UK regulators block Microsoft’s $68.7B acquisition of Call of Duty developer

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 94%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

BREAKING: The United Kingdom’s antitrust regulator blocked Microsoft’s acquisition of one of the world’s largest video game developers, a major win for antitrust enforcers.

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.

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:

 /  🏆 6. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines