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The Independent UK
The Independent UK
National
Henry Saker-Clark

UK regulators should consider need for economic growth, warns Chancellor

United Kingdom Microsoft Economic Growth Activision Activision Blizzard Jeremy Hunt
PA Wire

British regulators should consider their “responsibilities for economic growth”, said Chancellor Jeremy Hunt, after the UK’s competition watchdog blocked the merger between Microsoft and gaming giant Activision Blizzard.

The Competition and Markets Authority (CMA) halted the 68.7 billion dollar (£55 billion) deal by the tech giant to take over Activision, the company behind Call Of Duty and other games, due to concerns over the cloud gaming market.

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