MICROSOFT had spent 15 months in planning and negotiations to buy gaming giant Activision Blizzard in a $68.7 billion deal (the biggest in gaming history), but regulators have sunk the idea.
The British Competition and Markets Authority (CMA) has cited concerns over Microsoft’s dominance in cloud gaming. It has a point; Microsoft currently has 60 to 70 percent of that market, and adding Activision Blizzard’s titles would put it in a dominant position. Microsoft had promised to keep big titles available on other platforms beyond current contracts, but the CMA didn’t think this was enough.