Microsoft has hit out at the UK competition watchdog’s decision to block its acquisition of Activision Blizzard. President Brad Smith said it marked “probably the darkest day in our four decades in Britain”
, Microsoft president Brad Smith said the decision marked “probably the darkest day in our four decades in Britain”.“It does more than shake our confidence in the future of the opportunity to grow a technology business in Britain than we’ve ever confronted before.”
Smith said “people are shocked, people are disappointed, and people’s confidence in technology in the UK has been severely shaken”. He claimed that if the UK wants to make Britain a place “where technology is not only going to flourish, but be created”, then “it needs to look hard at the role of the CMA and the regulatory structure”.
Smith added: “There’s a clear message here – the European Union is a more attractive place to start a business than the United Kingdom.” While US and EU competition regulators have yet to decide whether to approve the deal, the CMA said its decision means the deal can’t be completed.is intertwined through different markets – it can’t be separated for the UK. So this decision blocks the deal from happening globally,” the watchdog said.Further reading
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