In a surprise move, the Competition and Markets Authority (CMA) of the United Kingdom rejected Microsoft’s proposed acquisition of Activision Blizzard King (ABK). The basis of the rejection is fear of a lack of competition in the cloud gaming market.
CMA Blocks Microsoft Acquisition of Activision Blizzard King
The CMA has officially blocked the proposed Microsoft acquisition of ABK. The regulatory body based its decision on the potential of a lack of competition in the nascent cloud gaming market. The decision comes on the heel following several agreements Microsoft signed to ensure their titles will be available across different console and cloud gaming platforms.
The story is developing and stay tuned to Lords of Gaming for further updates.
1 comment
this is a terrible day for gaming. Why must xbox users such as I be punished for UK corruption?