"Uncertainty Surrounds Xbox's Activision Blizzard Merger as CAT Hearing Delays Closing"

The UK's Competition Appeal Tribunal has granted a two-month pause on Microsoft's appeal against the Competition Markets Authority (CMA), allowing both parties more time to negotiate. The CMA had previously blocked Microsoft's proposed acquisition of Activision Blizzard, citing concerns over cloud gaming monopolization. If the deal does not close by the deadline tomorrow, Microsoft may seek a temporary extension. The CMA has warned that a renegotiated deal could lead to a new investigation.