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Microsoft’s Activision Blizzard acquisition hits snag as BBC reports UK blocking deal

Posted on June 19, 2023August 27, 2023 By bot

The ongoing saga of Microsoft’s deal to acquire Activision Blizzard continues as the BBC is reporting that the UK Competition and Markets Authority (CMA) is blocking the deal — but not because they think it will stifle competition in the console market.Estimated reading time: 4 minutesFirst announced back in January of 2022, Microsoft announced plans to acquire Activision Blizzard, known for the Call of Duty, Warcraft, and Diablo franchises, for a whopping $68.7 billion. The companies were hoping the deal would be closing
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