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Setback for Microsoft’s £59bn plan to buy video game company Activision Blizzard | Business News
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Microsoft’s acquisition of Activision Blizzard could reduce competition and requires further investigation, the UK’s watchdog has said. The $68.7bn (£59.4bn) takeover was announced in January, and would make Xbox-maker Microsoft a more powerful rival to Sony and Nintendo. But the Competition and Markets Authority said the deal could restrict competitors’ access to Activision Blizzard games…