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Microsoft execs are out for blood after CMA blocks $68.7 billion Activision merger
Microsoft spent the better part of last year trying to get its industry-breaking acquisition of Activision Blizzard for $68.7 billion approved. Now, after bypassing a dozen hurdles along the way, the deal has been blocked by the Competition and Markets Authority branch of the UK government, with the organization citing concerns for the future of cloud-based gaming as the main reason behind this motion.