
What you need to know
- Microsoft's acquisition of Activision Blizzard King will cost the company $68.7 billion, a record-breaking deal for the gaming industry.
- The deal has been approved by a majority of regulators including Brazil, China, and the European Union.
- The UK CMA ruled against the acquisition on the grounds of protecting the nascent cloud gaming market.
- Microsoft has appealed the ruling and continued to broaden their deals with cloud gaming providers in an attempt to assuage the regulating body.