An Activision Blizzard booth at a video-gaming convention. Credit: Lauren Elisabeth/Shutterstock.com UK Competition Watchdog Intervenes in Microsoft's $69B Activision Buyout, Continuing Big Tech Offensive
The Competition and Markets Authority is gumming up a megadeal, another sign of its concern that the software industry has too much power in too few hands.
February 08, 2023 at 05:28 PM
4 minute read
Antitrust
The original version of this story was published on Corporate Counsel
The U.K.'s Competition and Markets Authority on Wednesday said Microsoft's proposed $69 billion acquisition of Activision Blizzard could drive up prices, reduce choice and lessen innovation in the video game market.
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