Microsoft shares have seen a significant jump, while Diablo 4, WoW, and Call of Duty studio Activision Blizzard has seen its own stocks take a sharp downturn, after the merger deal between the two companies was “prevented” by the UK’s Competition and Markets Authority (CMA). Concerns regarding consumer choice, competition, and cloud gaming – particularly relating to the availability of Activision’s FPS and RPG games on Game Pass – led the CMA to its decision, though both Microsoft and the Activision Blizzard plan to appeal.
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