Modern Warfare (M&A edition): CMA blocks Microsoft from acquiring Activision

The UK government’s Competition and Markets Authority (CMA) has put a stop to Microsoft’s plans to acquire Activision, the publisher behind the popular game franchise “Call of Duty”. The CMA cited concerns that the acquisition would have given Microsoft too much control over the cloud gaming market, potentially leading to higher prices and less choice for consumers. It looks like Microsoft will have to respawn and find another way to level up their gaming department.

"Microsoft already enjoys a powerful position and head start over other competitors in cloud gaming and this deal would strengthen that advantage giving it the ability to undermine new and innovative competitors."

https://www.gov.uk/government/news/microsoft-activision-deal-prevented-to-protect-innovation-and-choice-in-cloud-gaming
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