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Microsoft Hits Back at UK Regulator’s Decision to Block Activision Acquisition

Summary by World ABC News
Microsoft’s president Brad Smith said the UK regulator’s decision to prevent its acquisition of Call of Duty maker Activision Blizzard “had shaken confidence” in Britain as a destination for tech businesses. The Competition and Markets Authority (CMA), which operates independently from government, blocked the deal on Wednesday, saying it could hit competition in the nascent cloud gaming market. Microsoft hit back on Thursday, saying it was “prob…
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