Microsoft is currently the second largest company in the world according to current statistics published by Global Finance, but this hasn’t stopped its billion-dollar deal to buy the video game company Activision Blizzard from being blocked in the UK.
The UK government has issued a press release stating that Microsoft’s proposed $68.7 billion (£55 billion) takeover has been obstructed – a deal that would have seen the company acquire some of the hottest and most in-demand games such as Call of Duty, Overwatch, Candy Crush and World of Warcraft.
Alas, this deal has been blocked in the UK by the Competition and Markets Authority (CMA) resulting in significant frustration from both Microsoft and Activision who have both hit out saying they will appeal this verdict.
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