![]() ![]() On Thursday, the CMA issued an interim order spelling out its requirements for Microsoft or Activision Blizzard before its final decision on the matter, namely neither party acquiring any stake in the other, or any of their subsidiaries, without prior written consent. The CMA also disliked Microsoft's proposed remedies to its objections, saying that its suggestions "were not effective to remedy our concerns and would have replaced competition with ineffective regulation in a new and dynamic market." Blocking the merger, the CMA said, was the only effective and proportionate remedy. EU 'poised' to OK Microsoft's Activision biz gobble.Sony won't budge on Microsoft-Activision merger objection.UK watchdog blocks Microsoft's Activision Blizzard acquisition.Microsoft cries foul over UK gaming deal blocker but it's hard to feel sorry for them.It blocked Microsoft's Acti-Bliz acquisition proposal in late April on grounds it would give the combined might of the two titans outsized influence on the gaming industry, and the growing cloud gaming market in particular. It's feared Microsoft will crush any upcoming rivals in the cloud-streaming world from its entrenched position in the market. ![]() The UK's Competition and Markets Authority has taken a different view. The EU has given itself a May 22 deadline to issue its decision, and regulators in Ukraine, South Africa, Japan, Chile, Brazil, Saudi Arabia, and Serbia have approved the deal. ![]()
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