LONDON: Britain will block Microsoft's US$69 billion acquisition of 'Call of Duty' maker Activision Blizzard over its concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming. The country's antitrust regulator said on Wednesday (Apr 26) that Micros
LONDON: Britain will block Microsoft's US$69 billion acquisition of"Call of Duty" maker Activision Blizzard over its concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming.
Activision's CEO Bobby Kotick told staff it was not"the news we wanted - but it is far from the final word on this deal". Microsoft announced its Activision bid in January 2022 to boost its firepower in a video gaming market led by Tencent and Sony. That left cloud streaming services as the remaining hurdle, which Microsoft sought to overcome by signing licensing deals with the owners of streaming platforms including Valve Corp, Nvidia and Boosteroid.
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