Microsoft’s attempted acquisition of Activision Blizzard, the development conglomerate behind games including Call of Duty, World of Warcraft and Candy Crush Saga, has been blocked by the UK’s competition watchdog in a surprise move. The $70bn (£65bn) purchase would have been the largest in gaming history but now, unless the two companies can convince a tribunal to overturn the ban on appeal, it is dead globally.
But what does this mean for tech, gaming and Rishi Sunak’s goal for the “Unicorn Kingdom”?