UK Regulatory Authority Blocks Microsoft’s $69 Billion Takeover of Activision Blizzard Due to Worries Regarding Cloud Gaming
Microsoft’s proposed acquisition of Activision Blizzard for $69 billion (roughly Rs.5,64,000 crore) will be blocked by Britain due to concerns about competition in cloud gaming. This unexpected setback is a blow to the gaming industry’s largest-ever deal. The country’s antitrust regulator announced on Wednesday that Microsoft’s offer to provide access to Activision’s highly profitable Call of …