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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 ...