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Competitionmarketsauthority

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business-and-technology2 years ago

"Microsoft President Reconciles with UK Post-Activision Deal Drama"

Microsoft President Brad Smith initially criticized the UK's Competition and Markets Authority (CMA) for their concerns over the company's acquisition of Activision Blizzard, suggesting it would stifle innovation. However, after the CMA's intervention led to Microsoft altering the deal to avoid monopolizing cloud gaming rights, Smith changed his tune, praising the CMA as "tough and fair." The approved deal prevents Microsoft from having exclusive cloud gaming rights to Activision's games for 15 years, ensuring competition in the cloud gaming market and competitive prices for UK customers.