The UK has restricted Microsoft and Activision from acquiring an interest in each other after blocking $68.7 billion merger
that said Microsoft and"Call of Duty" developer Activision would need"prior written consent" from the body before making any acquisitions linked to their respective companies.
It's the latest move from the UK's watchdog to bring greater scrutiny to the two companies amid fears that the blockbuster deal struck in January 2022 would harm the competition. The regulator's key concerns revolve around Microsoft's potential for outsized influence over an emerging cloud gaming market in what would become t"The CMA has prevented Microsoft's proposed purchase of Activision over concerns the deal would 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," the regulator said last month.
The CMA first started its probe into the deal in September 2022, with a first announcement about its concerns coming in Feburary. Insider understands that the latest move is a procedural step ahead of the CMA's issuing of its final order on the deal.president Brad Smith rejected the decision by the CMA last month, claiming that the tech giant would be making an appeal.
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