Microsoft’s Activision Deal Raises Competition Concerns in U.K.

The U.K.’s competition authority said Microsoft planned acquisition of Activision Blizzard could harm their rivals and newcomers to the videogame industry, adding uncertainty to the $75 billion deal in one of the world’s largest markets for interactive entertainment.

The Competition and Markets Authority started its investigation into the acquisition in July to determine whether it could lessen competition in the U.K. On Thursday, the regulator said it would give the companies five working days to offer commitments to address the competition concerns it flagged.