[ad_1] A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. Regulators sought to ax the deal saying it will hurt competition.US District Judge Jacqueline Scott Corley said in a ruling that the Federal Trade Commission, which enforces antitrust laws, has … Read more
[ad_1] British antitrust regulators block Microsoft purchase of Activision Blizzard – CBS News Watch CBS News British antitrust regulators have blocked Microsoft’s $69 billion deal to buy video game maker Activision Blizzard. In a statement Wednesday, Britain’s Competition and Markets Authority said, “we’ve prevented Microsoft from purchasing Activision over concerns the deal would damage competition … Read more
[ad_1] British regulators have blocked Microsoft’s $69 billion deal to buy video game maker Activision Blizzard over worries that the move would stifle competition in the cloud gaming market. The UK’s Competition and Markets Authority said in its final report Wednesday that “the only effective remedy” to the significant loss of competition that the deal … Read more