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The Independent UK

National

Holly Williams

Microsoft slams UK move blocking Activision takeover as ‘bad day for Britain’

Microsoft Activision United Kingdom Brad Smith Britain CMA the Competition and Markets Authority Jeremy Hunt

Microsoft has hit out at the UK competition watchdog for blocking the company’s takeover of gaming firm Activision Blizzard, claiming it shows European Union is now a better place for business than Britain.

Brad Smith, the company’s vice chair and president, said it was a “bad day for Britain” after the Competition and Markets Authority (CMA) blocked the US tech company’s $68.7billion (£55billion) buyout of the Call Of Duty maker, amid fears the tie up could lead to less innovation and less choice for gamers.

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