UK Authorities Concerned About Potential Impact of Microsoft’s Activision Blizzard Acquisition
Microsoft announced its acquisition of Activision Blizzard in January, reportedly spending an incredible $68.7 billion on the industry-shaking buyout. However, the deal hasn’t evaded regulatory scrutiny,with the FTC investigating the company for insider trading. There were also questions over whether the regulatory agency might block the acquisition under US anti-trust legislation. American regulators aren’t the only ones raising their eyebrows atMicrosoft’s massive Activision Blizzard buyout. The UK’s Competition and Markets Authority recently ruled that the merger may have serious consequences for market competition in the United Kingdom....