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UK Blocks Microsoft's $69-billion Activision Deal over Cloud Gaming Concerns

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Activision CEO Bobby Kotick told staff it was not "the news we wanted - but it is far from the final word on this deal."

Credit: James Bareham/Polygon

Britain will block Microsoft's $69 -billion acquisition of "Call of Duty" maker Activision Blizzard over concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming.

The country's antitrust regulator said on Wednesday that Microsoft's commitment to offer access to Activision's multi-billion dollar "Call of Duty" franchise to leading cloud gaming platforms would not effectively remedy its concerns.

Microsoft's president Brad Smith said in a statement the company remained fully committed to the acquisition and would appeal the decision, while Activision said it would "work aggressively" with Microsoft to reverse it.

From Reuters
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