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The Latest Breaking News from CMA

Microsoft hits out at UK regulator's 'flawed understanding' of game industry as multi-billion dollar Activision merger blocked

The UK's competition authority refuses to allow Microsoft's multi-billion-dollar acquisition of Activision, ruling such market dominance would suppress innovation in new technologies like cloud gaming.

ABC News

Multi-billion dollar firm furiously attacks 'increasingly dire' UK after deal blocked

GAMING giant Activision has declared the UK "closed for business" after the government blocked Microsoft's takeover of the company due to…

The National (Scotland)

Microsoft merger blocked, Activision accuses UK of being “closed for business”

The UK government has found that Microsoft’s acquisition of Activision Blizzard would create a monopoly in cloud gaming.

TechRadar

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Microsoft buyout of Activision Blizzard rejected by UK Government

If you were hoping for Call of Duty on your Nintendo Switch, you might have to wait a little while longer...

UK regulators block Microsoft's Activision acquisition in potentially fatal surprise blow

Microsoft says it will appeal the decision.

PC Gamer

Microsoft’s £57 billion takeover of Call of Duty publisher Activision blocked by monopolies watchdog

The CMA says the deal would give the tech behemoth too much dominance over cloud gaming, but Microsoft intends to appeal

Evening Standard

CMA blocks Microsoft Activision Deal – but not for the reason you'd think

Activision Blizzard isn't likely to be welcomed into the Xbox family any time soon as the CMA has elected to deny the purchase

Daily Mirror

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Microsoft and Activision say they will appeal merger obstruction

Microsoft remains "fully committed to this acquisition"

GamesRadar

U.K. regulators to block Microsoft's $69 billion deal for Activision

This would be the largest gaming merger of all time.

Axios

‘Nothing we can do’ to turn a profit — Heathrow boss slams CAA cap as airport stalls in the red

Heathrow is on course for a fourth consecutive year in the red

Evening Standard

UK authority blocks Microsoft's purchase of Activision Blizzard

The CMA officially strikes down the deal

GamesRadar

Xbox's Activision Blizzard deal has been blocked by the UK, Microsoft to appeal

Microsoft's bid to acquire Activision Blizzard has fallen at the final hurdle, with the CMA in the United Kingdom blocking the deal.

Windows Central

Microsoft reportedly plans to close Activision deal despite FTC lawsuit

A new report suggests Microsoft is planning to close its Activision deal despite FTC interference.

Windows Central

TechScape: Could this billion-pound ‘crack-down’ end fake reviews and subscription traps?

Tech giants such as Google and Apple could face huge fines if they breach planned rules designed to protect consumers online. But will the bill have real teeth?

The Guardian - UK

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Evening Standard

Digital Markets Bill to crack down on big tech, fake reviews and subscription traps

The Digital Markets Unit will have the power to fine big tech platforms up to 10% of their global turnover if they do not abide by competition rules.

The Guardian - UK

Major tech firms face hefty fines under new digital consumer bill

Global companies like Google, Apple and Amazon could have to pay penalties of up to 10% of their global turnover as government gives competition watchdog more power

The Independent UK

Bill to crack down on big tech, fake reviews and subscription traps

The Digital Markets Unit will have the power to fine big tech platforms up to 10% of their global turnover if they do not abide by competition rules.

StockNews.com

These Bank Stocks Could Be a Bad Bet for April

Although it seemed like the financial industry had stabilized after the recent bank failures, the U.S. banking industry faces several headwinds. Amid this backdrop, it could be wise to avoid fundamentally weak bank stocks M&T Bank (MTB), The PNC Financial Services Group (PNC), and Comerica (CMA). Keep reading….

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news in one place.

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Android Central

Google may bring user choice billing to the Play Store in the UK

Google details commitments, given by the CMA, it may have to abide by should public consultation see it accepted.

The Guardian - UK

Google allows app developers to break away from Play billing system

UK regulator asks for views on how move will work in practice, amid concern over tech firm’s cut of in-app purchases

Asharq Al-Awsat

UK Watchdog Looks at Google’s Proposals Giving Freedom to App Developers on Playstore

Britain's competition regulator said on Wednesday it was looking into proposals offered by Alphabet Inc's Google, which would give app developers the freedom to break away from Google Play's billing system. Britain's investigation in June last year raised concerns that Google's complete control over in-app payments unfairly restricted app developers,…

The Independent UK

Heathrow launches appeal against decision it must cut charges

A spokesman accused the Civil Aviation Authority of ‘undermining’ the investment needed in the west London airport.

Windows Central

Microsoft's Activision Blizzard purchase mostly approved by one more country

South Africa has almost approved Microsoft's purchase of Activision Blizzard, bringing the massive Xbox deal closer to completion.

GamesRadar

Sony skewers Microsoft for canceling Redfall on PS5, calls revised CMA report "surprising, unprecedented, and irrational"

You'll be shocked to hear that Microsoft "welcomes the CMA's revised findings"

The Guardian - UK

CMA to investigate Amazon’s $1.7bn takeover of Roomba firm

Competition watchdog calls for evidence on whether deal could give online retailer dominance in smart home market

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