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Microsoft's $68.7 Billion Acquisition of Activision Blizzard Blocked by UK Competition Regulator

Microsoft's $68.7 Billion Acquisition of Activision Blizzard Blocked by UK Competition Regulator

On April 26, 2023, the UK Competition and Markets Authority (CMA) blocked Microsoft's $68.7 billion acquisition of Activision Blizzard. The CMA found that the deal would substantially lessen competition in the cloud gaming market in the UK.
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