{"id":1920088,"date":"2023-04-27T10:41:50","date_gmt":"2023-04-27T14:41:50","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/uk-watchdog-defends-microsoft-block-in-face-of-onslaught-from-companies\/"},"modified":"2023-04-27T10:46:05","modified_gmt":"2023-04-27T14:46:05","slug":"uk-watchdog-defends-microsoft-block-in-face-of-onslaught-from-companies","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/uk-watchdog-defends-microsoft-block-in-face-of-onslaught-from-companies\/","title":{"rendered":"UK watchdog defends Microsoft block in face of onslaught from companies"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fuk-watchdog-defends-microsoft-block-in-face-of-onslaught-from-companies%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1920088&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<h2>UK Regulator Blocks Microsoft&#8217;s Acquisition of Activision Blizzard<\/h2>\n<p>It&#8217;s official &#8211; the Competition and Markets Authority (CMA) has blocked Microsoft&#8217;s acquisition of Activision Blizzard. The decision was made to protect competition in the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/uk-watchdog-defends-microsoft-block-in-face-of-onslaught-from-companies\/\" title=\"UK watchdog defends Microsoft block in face of onslaught from companies\">nascent cloud gaming market<\/a>, according to the CMA. Microsoft&#8217;s president, Brad Smith, has criticized the decision, saying it sends the wrong message to the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-urges-south-korea-not-to-fill-china-shortfalls-if-beijing-bans-micron-chips-ft\/\" title=\"The US is urging South Korea to resist filling China's chip shortfall if Beijing bans Micron chips. This move could have serious consequences for the global tech industry. Stay tuned for updates.\">global tech industry<\/a> and has shaken confidence in the UK tech industry. However, CMA Chief Executive Sarah Cardell defended the decision, saying the regulator&#8217;s role is to ensure a competitive environment for businesses to grow and thrive in the UK.<\/p>\n<h3>What Does This Mean for the UK Tech Industry?<\/h3>\n<p>Microsoft&#8217;s Brad Smith has warned that the decision could damage the UK&#8217;s reputation as an attractive place to start a business. He believes that the European Union is now a more attractive option for entrepreneurs. However, the CMA has acted independently and is accountable for its decision. The British government cannot override the block if it thinks it is damaging to the country.<\/p>\n<h3>Other News in Tech<\/h3>\n<ul>\n<li>Mobileye Global Inc lowers its forecast for annual revenue due to increasing competition from start-ups.<\/li>\n<li>Indian IT services provider Wipro Ltd reports a dip in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/indias-wipro-posts-dip-in-q4-profit\/\" title=\"India\u2019s Wipro posts dip in Q4 profit\">quarterly profit amid<\/a> a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mobileye-lowers-annual-revenue-forecast\/\" title=\"Mobileye lowers annual revenue forecast\">turbulent macro-economic environment<\/a>.<\/li>\n<li>Russian tech giant Yandex reports a 54% jump in first-quarter revenue to 163.3 billion roubles ($2 billion).<\/li>\n<\/ul><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) \u2013 The boss of Britain\u2019s antitrust regulator said blocking Microsoft\u2019s acquisition of \u2018Call of Duty\u2019 maker Activision Blizzard was the right decision for the UK after both companies said it sent the wrong message to the global tech industry. The Competition and Markets Authority (CMA) blocked the deal on Wednesday, saying it could<\/p>\n","protected":false},"author":66,"featured_media":1920089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[4728,6997,4549,20939,6056],"class_list":["post-1920088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-block","tag-companies","tag-defends","tag-onslaught","tag-watchdog"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1920088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1920088"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1920088\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1920089"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1920088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1920088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1920088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}