Regulators and Cloud Gaming: The Roadblock to the Microsoft-Activision Deal

Xbox boss Phil Spencer says the UK Competitions and Markets Authority's decision to block the Xbox Activision deal hinges on the body's definition of a cloud gaming market that "doesn't really exist yet." Microsoft plans to appeal the CMA's block of the deal and is collaborating with the European Union and FTC. The CMA specifically cited concerns over reduced competition in the cloud gaming market as a major driver in its decision to block the deal.