UK MPs have grilled the CMA over its decision to block Microsoft's Activision Blizzard buyout, a day after Europe granted its approval
The UK Competition and Markets Authority has defended its decision to block Microsoft's $68.7bn Activision Blizzard buyout, as part of a grilling by MPs today.
"I would challenge the premise that there is an impact on international confidence on doing business in the UK." When questioned by the Business and Trade Committee on why the CMA had come to a different conclusion to the European Commission, CMA exec Sarah Cardell said the difference lay in the CMA's refusal to accept Microsoft's suggested remedy of a 10-year deal to safeguard the emerging cloud gaming market.
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