The UK competition regulator has performed a U-turn on Microsoft’s $75bn acquisition of the Call of Duty maker Activision Blizzard, clearing a huge roadblock to the deal’s global prospects.
After reviewing what it called “new evidence”, the Competition and Markets Authority said on Friday that it no longer thought there would be a “substantial lessening of competition” in the console market if the Xbox maker takes over the publisher of the bestselling game franchise….
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