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The UK regulatory body known as the CMA shared that it has blocked Microsoft’s purchase of Activision Blizzard.
It seems that Microsoft didn’t do enough to secure the confidence of the CMA.
It’s unclear what will happen from here with the CMA having blocked the deal.
The appeals process for CMA regulatory rulings is difficult to overcome.
We remain fully committed to our acquisition with @ATVI_AB and will appeal today’s determination by the CMA.
Here’s our statement.
It outlines the firm’s plan to appeal the decision from the UK regulator.
Kotick once again called into question the viability of the UK as a country good for tech investment.
Microsoft has offered to include Call of Duty etc.
Once again, like the FTC, the CMA’s decision here seems entirely ideological.
