competition and markets authority

US Judge Green-Lights Microsoft’s $69 Billion Activision Takeover Deal

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[ad_1] Microsoft cleared major hurdles to its plan to buy videogame maker Activision Blizzard on Tuesday, after a US judge gave a thumbs-up to the $69 billion (roughly Rs. 5,65,480 crore) deal and a British regulator suggested it could reconsider its opposition. Activision shares surged 10 percent on the day, as the US and Britain … Read more

How Cloud Gaming Led to the UK Blocking Microsoft’s Activision Deal

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[ad_1] For all the thunder about Xbox versus PlayStation, it was the nascent cloud market that led to Britain’s surprise decision to block Microsoft’s record Activision Blizzard takeover. Microsoft has been working for months to satisfy concerns about the $69 billion (roughly Rs. 5,64,700 crore) deal raised by Britain’s Competition and Markets Authority (CMA), which has … Read more