In April, British antitrust regulators quashed Microsoft Corporation’s (MSFT) historic $69 billion acquisition of Activision Blizzard, the video game giant, citing concerns that the deal could hinder competition in the rapidly expanding cloud gaming sector, particularly for coveted titles such as Call of Duty.
The Competition and Markets Authority's final report mandated the prohibition of the Merger due to concerns over substantial competition loss, particularly in cloud gaming. The deal's potential impact on the accessibility of gaming via various devices and the reduction of costly console requirements drove this decision.
-copy-dd1f2bf0.jpeg?w=600)
