“Britain blocks Microsoft’s $69 billion acquisition of Activision Blizzard”

“Britain’s top competition regulator on Wednesday moved to block Microsoft’s acquisition of video game publisher Activision Blizzard. The measure marks a major blow for the U.S. tech giant, as it seeks to convince authorities that the deal will benefit competition. Microsoft said it plans to appeal the decision.

Shares of Activision Blizzard slumped more than 8% in early U.S. trading. Microsoft shares were up 7% but this was largely linked to the company’s strong earnings report Tuesday…”

https://www.cnbc.com/2023/04/26/britain-blocks-microsoft-acquisition-of-activision-blizzard.html

That deal wont benefit anything. People need to start realizing just how many of these gaming companies are being bought out. That sucks for competition.