Sony Criticizes UK Regulator's Reversal on Microsoft Activision Deal as "Surprising and Irrational"

Sony has criticized the UK's Competition and Markets Authority (CMA) for its revised appraisal of Microsoft's proposed acquisition of Activision Blizzard, calling it "surprising, unprecedented, and irrational." Sony argues that the CMA's new findings are based on a flawed economic model and that the gains Microsoft would get from players switching to Xbox would be "three times as high as the lifetime value of an average PlayStation user." The CMA's final report ruling on the Activision Blizzard deal is due by April 26.