Delays and Hurdles Surround Microsoft's Acquisition of Activision Blizzard

The UK High Court has formally paused the UK Competition and Markets Authority's (CMA) block of Microsoft's acquisition of Activision Blizzard, allowing more time for negotiations. The CMA had initially blocked the acquisition in April but has since found common ground with Microsoft. This ruling puts a hold on legal proceedings, indicating that an agreement between the two sides is likely. The CMA's decision to reassess the acquisition is unusual, and it is speculated that it aims to save face and secure concessions from Microsoft.