Britain’s Competition and Markets Authority (CMA) on Wednesday blocked Microsoft’s $69 billion (nearly Rs. 5,64,100 crore) acquisition of Call of Duty maker Activision Blizzard over concerns it would hinder cloud gaming.
The ruling was a shock after the regulator had already resolved its concerns about the consoles market, a sector dominated by Sony’s PlayStation and Microsoft’s Xbox, which dwarfs cloud gaming.
Is the deal dead?
Not…