Microsoft appeals UK watchdog's decision to block Activision acquisition
Shortpedia
Content Team
Image Credit: NewsBytes
Microsoft's $69 billion takeover of Activision Blizzard was dealt a blow in April when UK's competition watchdog, Competition and Markets Authority (CMA), blocked the deal. Now, the tech giant has filed an appeal against the ruling to the Competition Appeal Tribunal (CAT) on grounds of "fundamental errors" in assessing Microsoft's cloud gaming services. To note, the EU approved the Microsoft-Activision agreement earlier this month.
