Microsoft says UK regulator an 'outlier' for blocking Activision deal

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Microsoft says UK regulator an 'outlier' for blocking Activision deal
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Microsoft on Tuesday accused Britain's anti-trust regulator of being a global 'outlier' in blocking its $69 billion takeover of 'Call of Duty' maker Activision Blizzard .

the deal in April, saying it could hurt competition in the nascent cloud gaming market, sparking a furious row.

Microsoft's lawyer Daniel Beard told the CAT: "If this process does not move forward quickly, it jeopardises this merger being completed."the CMA was wrong to conclude the deal would lead to a substantial lessening of competition in the United Kingdom's cloud gaming market. He added: "It is only here that we have this uncertainty in terms of there being a decision which we say is fundamentally wrong and purports to stop this merger worldwide in relation to a tiny part of the gaming industry."

Activision has applied to intervene in Microsoft's appeal against the CMA's decision, saying that the planned deal has a "drop dead" date of July 18.

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