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.
Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. REUTERS/Dado Ruvic/Illustration
The Competition and Markets Authority , which operates independently from government, caused shockwaves in April when it said the deal could not go ahead because it would hit competition in the nascent cloud gaming market, drawing a rebuke from Microsoft.
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