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U.K. regulators to block Microsoft's $69 billion deal for Activision

British antitrust regulators on Wednesday said they'll seek to block Microsoft's $69 billion takeover of video game giant Activision Blizzard, citing how the merger could hinder competition in the emerging cloud gaming market.

Why it matters: This would be the largest gaming merger of all time, but now is being opposed by both U.S. and U.K. regulators, with European Union regulators continuing to investigate.


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