UK blocks Microsoft acquisition of Activision due to cloud gaming concerns

The acquisition of gaming titan Activision Blizzard King by US tech giant Microsoft has been blocked by the UK Competition and Markets Authority.
Expanding on its preliminary ruling a few weeks ago, the CMA focused on the cloud gaming market, which it concluded the combined entity would be able to dominate and thus restrict competition. Through its already strong position in PC gaming, as well as ownership of the Xbox platform, Microsoft would have a strong incentive to restrict competitors&rsqu