UK Blocks Microsoft's $69 Billion Activision Deal.

The Competition and Markets Authority said its concerns couldn't be solved by remedies such as the sale of blockbuster title Call of Duty or so-called behavioral remedies involving promises to permit rivals to offer the game on their platforms, according to a statement Wednesday. (Bloomberg) -- Microsoft Corp.'s $69 billion takeover of Activision Blizzard Inc., suffered a hammer blow after Britain's antitrust watchdog vetoed the gaming industry's biggest ever deal, saying it would harm competition on the cloud. [Extracted from the article]