The UK’s Competition and Markets Authority has stepped back on its campaign to block Microsoft’s takeover of Activision Blizzard after a US court ruled the deal could go ahead.
Yesterday (11 July) a US federal judge rejected the Federal Trade Commission's attempt to halt the deal, with judge Jacqueline Scott Corley declaring it would not lessen the gaming market's competitiveness. She said: "The FTC has not shown it is likely to succeed on its assertion the combined firm will probably pull Call of Duty from Sony PlayStation, or that its ownership of Activision content will substantially lessen competition in the video game library subscription and cloud gaming markets." Chancellor backs regulator in Activision row but warns of responsibilities to 'economic g...
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