UK's competition boss: We do not want a hostile environment for tech

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UK's competition boss: We do not want a hostile environment for tech
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LONDON : The head of Britain's anti-trust regulator said it was not seeking to create a 'hostile environment' for tech companies with its decision to block Microsoft's $69 billion acquisition of Activision Blizzard. The Competition and Markets Authority (CMA), which operates independently from government,

LONDON : The head of Britain's anti-trust regulator said it was not seeking to create a"hostile environment" for tech companies with its decision to block Microsoft's $69 billion acquisition of Activision Blizzard.

Its president Brad Smith has accused the regulator of undermining confidence in Britain as a destination for tech businesses, worrying lawmakers who are pinning their hopes on Britain's science and innovation sector to help drive growth.

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