UK targets Microsoft’s $69 billion Call of Duty deal
Offers
February 08, 2023 at 7:21 p.m. 1 minute
| Reuters reported that the UK has put another hurdle in the way of Microsoft’s $69 billion mega-buy of Call of Duty maker Activision Blizzard as it could hurt gamers by weakening the rivalry between Xbox and Sony’s PlayStation . |
Impact on the market
The biggest gaming deal ever could result in higher prices, fewer choices, and less innovation for millions of gamers, stifling competition in cloud gaming. Activision shares fell 3% in early trade in New York. Microsoft, which announced an AI-driven overhaul of its search capabilities on Tuesday, rose 2.4%.
article tags
Topics of interest: Offers
Type: Reuters best
Sectors: corporate financetechnology
Regions: EuropeNorth America
Countries: EnglandUnited States
Types of prizes: total coverage
Story Types: spot news
Media Types: text
Impact on the customer: Great Global Story
