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Geralt of Sanctuary

No one knows why the UK blocked Microsoft’s Activision deal

No one knows why the UK blocked Microsoft’s Activision deal

The UK Competition and Markets Authority (CMA) torpedoed what may be the biggest tech acquisition in history this week and hardly anyone understands why. There are many reasons to prevent a giant company from buying huge competitive advantages just because it can flood the Zone with $69 billion in cash. But the regulators’ final decision ...

Geralt of Sanctuary

Microsoft clears major hurdle threatening Activision deal

Microsoft clears major hurdle threatening Activision deal

Microsoft’s $69 billion deal Buying Activision Blizzard came closer on Friday in big steps. UK regulators issued a preliminary finding that the acquisition would not harm competition, despite previously indicating the Xbox maker would need to spin off the call of Duty shop to have the sale approved. The British competition and market surveillance authority ...