Microsoft's acquisition of Activision blocked by UK regulator

The UK’s Competition and Markets Authority (CMA) has ruled against Microsoft’s $68.7 billion acquisition deal of Blizzard Entertainment. As per the CMA, the potential deal for Blizzard Entertainment would make Microsoft a dominant player in the cloud gaming sphere while in turn stifling competition and leaving UK gamers with less choice in the years to come. Cloud gaming needs a free, competitive market to drive innovation and choice. Microsoft already enjoys a powerful position and head start over other competitors in cloud gaming and this deal would strengthen that advantage giving it...