Xbox BLOCKED! Activision Blizzard ABK Deal pushed to 2024 by CMA in UK #xbox #abk #cma
2,507Microsoft’s $68.7 billion deal to acquire Activision Blizzard has been blocked by the UK’s Competition and Markets Authority (CMA). After months of analyzing 3 million Microsoft and Activision documents and more than 2,100 emails from the public, the CMA has concluded that the deal could “alter the future of the fast-growing cloud gaming market, leading to reduced innovation and less choice for UK gamers over the years to come.” but this deal being blocked is bad for gamers around the world, and surprisingly, bad for Playstation as well!
Microsoft says it will appeal the decision, but it’s a blow to Microsoft’s hopes of acquiring Activision Blizzard and will likely prevent the company closing its giant deal if an appeal is unsuccessful.
SOURCE: https://www.theverge.com/2023/4/26/23689252/microsoft-activision-blizzard-acquisition-blocked-uk-cma
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