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27th April 2023, 08:07 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 153,541
| UK regulator blocks Microsoft's Activision Blizzard merger over cloud concerns The UK’s antitrust regulator, the Competition and Markets Authority, has announced it will block Microsoft’s eye-popping purchase of Activision Blizzard. In a statement, the body said the deal risks harming the nascent cloud-gaming market by creating a monopoly player. It added that, if the deal concluded, Microsoft would have a market share of between 60 and 70 percent, “incentive to withhold [Activision Blizzard] games from competitors and substantially weaken competition in this important growing market.” https://www.engadget.com/uk-regulato...5.html?src=rss |
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