Microsoft’s $69 Billion Activision Deal in UK’s Crosshairs
- UK’s CMA to open in-depth merger probe of gaming deal
- Says tie-up could lead to substantial lessening of competition
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Microsoft Corp.’s planned $69 billion purchase of computer games developer Activision Blizzard Inc. faces an in-depth probe in the UK after regulators said the deal could hamper competition.
The Competition and Markets Authority said it decided to kickstart a longer review after Microsoft turned down the chance to offer remedies to address its concerns.