CMA has blocked Microsoft's acquisition of Activision Blizzard.
Due to "fundamental errors" in evaluating Microsoft's cloud gaming services, UK’s decision to block Microsoft's $69 billion acquisition of "Call of Duty" creator Activision Blizzard is being appealed by Microsoft. UK’s anti-trust watchdog, the Competition and Markets Authority (CMA) rejected the deal in April, claiming it could harm competition in the budding cloud gaming market. This sparked a raging argument. Microsoft announced on Wednesday that it had appealed the decision to UK’s Competition Appeal Tribunal (CAT), and on Friday, a summary of its arguments was made public. The summary declared that the CMA's assessment that the deal would significantly reduce competition in the UK.'s cloud gaming market was incorrect. Microsoft will make this claim in front of the Competition Appeal Tribunal, claiming that the CMA "made fundamental errors in its calculation and assessment of market share data for cloud gaming services...