He said people’s confidence in the UK had been “severely shaken”.
But he has now said the Competition and Markets Authority, which went on to approve the deal, was “tough and fair”.
But he has now said the Competition and Markets Authority, which went on to approve the deal, was “tough and fair”.
In April last year, the CMA blocked Microsoft’s acquisition of Activision over concerns it would reduce innovation and mean less choice for consumers in the fast-growing cloud gaming business.
Microsoft owns the Xbox gaming console while Activision Blizzard produces games including the popular Call of Duty series.
At the time of the original rejection, Mr Smith also suggested it made the European Union a more attractive place to do business.
It was a blow for the UK government which wants the country to become a tech powerhouse.
But he has now said the Competition and Markets Authority, which went on to approve the deal, was “tough and fair”.
He said people’s confidence in the UK had been “severely shaken”.
In April last year, the CMA blocked Microsoft’s acquisition of Activision over concerns it would reduce innovation and mean less choice for consumers in the fast-growing cloud gaming business.
But he has now said the Competition and Markets Authority, which went on to approve the deal, was “tough and fair”.
But he has now said the Competition and Markets Authority, which went on to approve the deal, was “tough and fair”.
In April last year, the CMA blocked Microsoft’s acquisition of Activision over concerns it would reduce innovation and mean less choice for consumers in the fast-growing cloud gaming business.
Microsoft owns the Xbox gaming console while Activision Blizzard produces games including the popular Call of Duty series.
At the time of the original rejection, Mr Smith also suggested it made the European Union a more attractive place to do business.
It was a blow for the UK government which wants the country to become a tech powerhouse.
#Microsoft #boss #tune #criticism
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