UK regulator opposes Microsoft deal to buy Activision
The UK's Competition and Markets Authority has said it is opposed to Microsoft's planned purchase of games developer Activision Blizzard.it had provisionally concluded it would result in higher prices, fewer choices and less innovation.
The Call of Duty maker wrote, "we hope between now and April we will be able to help the CMA better understand our industry" in order to help the regulator "achieve their stated mandate" to promote an environment where "fair-dealing business can innovate and thrive".
And now the UK's markets authority says it has provisionally concluded that the tech giant's bid to buy one of the world's largest games publishers could be harmful to the wider gaming sector. The provisional findings followed a five-month "phase-two" investigation led by an independent panel.
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