Microsoft President Brad Smith said that the company remains «fully committed to our acquisition» of Activision Blizzard and said it was «especially disappointed» with today’s CMA decision.
Microsoft has announced it plans to appeal today’s decision by the UK Competition and Markets Authority to block the company’s planned $69 billion acquisition of game publisher Activision Blizzard.
In a Twitter post, Microsoft Vice Chairman and President Brad Smith sent out this statement:
We remain fully committed to this acquisition and will appeal. The CMA’s decision rejects a pragmatic path to address competition concerns and discourages technology innovation and investment in the United Kingdom. We have already signed contracts to make Activision Blizzard’s popular games available on 150 million more devices, and we remain committed to reinforcing these agreements through regulatory remedies.
