Microsoft faced opposition from the UK Competition and Markets Authority (CMA) for its $68.7 billion acquisition of Activision Blizzard, which the CMA believed would harm competition in the cloud gaming market. Microsoft's president, Brad Smith, initially criticized the decision, but later praised the CMA for being tough and fair. In response to the CMA's concerns, Microsoft restructured the deal and gave cloud gaming rights to Ubisoft. Despite his initial disappointment, Smith now acknowledges the CMA's standards and respects their decision-making process.
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