Competition watchdog blocks Microsoft bid to purchase online game maker Activision Blizzard
The British competitors watchdog has blocked Microsoft's bid to purchase online game maker Activision Blizzard.The Competition and Markets Authority (CMA) stopped the $68.7bn (£55bn) deal attributable to considerations that it could stifle competitors within the cloud gaming market.
In its last report on Wednesday, the CMA stated that the transfer was "the only effective remedy" to competitors considerations.It stated: "The deal would reinforce Microsoft's advantage in the market by giving it control over important gaming content such as Call of Duty, Overwatch, and World of Warcraft."The proof obtainable to the CMA signifies that, absent the merger, Activision would begin offering video games by way of cloud platforms within the foreseeable future.
"The cloud allows UK gamer...