Deutsche Bank stock slides Friday, while Activision rises the most in the S&P 500 after the U.K. says it's no longer concerned Microsoft's acquisition of Activision would reduce competition in console gaming. Read More...
TechCrunch
UK narrows antitrust probe of Microsoft-Activision
The UK’s antitrust watchdog has narrowed its probe of Microsoft’s $68.7 billion bid for video game giant, Activision Blizzard, the regulator said today. In February, the Competition and Markets Authority (CMA) provisionally concluded the merger “could harm U.K. gamers” through higher prices, fewer choices or less innovation. Today it updated its position, saying new evidence “provisionally alleviates” concerns in relation to the supply of video game consoles in the U.K.
