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U.K. Blocks Microsoft’s $69 Billion Bid for Activision, a Blow for Tech Deals

U.K. Blocks Microsoft’s $69 Billion Bid for Activision, a Blow for Tech Deals

British antitrust regulators dealt a major setback on Wednesday to Microsoft’s plans to acquire the video game giant Activision Blizzard for $69 billion, blocking the proposed deal and handing a notable win to government enforcers around the world who want to rein in Big Tech.

In deciding that Microsoft’s proposals to ensure that the acquisition would not harm competition “failed to effectively address the concerns in the cloud gaming…


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