In January 2022 Microsoft announced to buy Activision for $68.7 billions

Activision is one of the largest Gaming Publisher in the world

In Feb 2023 CAM (Competition and Markets Authority) found that this deal can make Microsoft even stronger in Cloud gaming space. This would make a monopoly in this growing gaming market.

CAM extended the concern that Microsoft may offer Activision games exclusively on Xbox and Azure Cloud only.

For CMA's concern Microsoft submitted a detailed proposal to address citing 10 years roadmap. Even then, CAM rejected this proposal.

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Finally, Microsoft and Activision merger will not happen.