Microsoft’s 68.7 billion dollar (£55 billion) takeover of gaming firm Activision Blizzard has been blocked by the UK competition watchdog, in a potentially fatal blow to one of the technology industry’s biggest ever deals. The Competition and Markets Authority (CMA) said it has prevented the mammoth buyout over concerns in the cloud gaming sector. Xbox […]
Microsoft’s proposed 68.7 billion US dollar (£59.7bn) takeover of games publisher Activision Blizzard is to face an in-depth investigation amid concerns the deal is anti-competitive, the UK’s competition watchdog has confirmed. The Competition and Markets Authority (CMA) said it has referred the takeover for a so-called phase two probe after Microsoft said it would not […]
