Microsoft Activision deal could lessen competition, UK watchdog finds - Fast2techMicrosoft Activision deal could lessen competition, UK watchdog finds - Fast2tech
Microsoft Activision deal could lessen competition, UK watchdog finds
Microsoft's plan to buy Activision Blizzard could substantially lessen competition in consoles, multi-game subscription services and game streaming, a UK watchdog has said.
For $68.7 billion (£59.2 billion), Microsoft wants to acquire the company that makes Overwatch, Candy Crush, and Call of Duty.
However, the UK's Competition and Markets Authority (CMA) claims that due to its concerns, it may now conduct a thorough investigation.
The CMA and Microsoft will collaborate on the "future steps," according to Microsoft.
The largest acquisition the Xbox maker has ever made if the deal is approved.
Some of the most well-known video games ever created are those by Activision Blizzard.
However, it has already come under fire for allegedly tolerating a hostile and sexist workplace atmosphere.