15:02 ET -- Activision Blizzard Inc. is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The U.K.'s Competition and Markets Authority said the company's pending $75 billion sale to Microsoft Corp. raises competition concerns. It said the deal could harm rivals by refusing them access to Activision Blizzard games or providing access on much worse terms. The regulator said it would give the companies five working days to offer commitments to address its concerns. Microsoft President Brad Smith said the company is ready to work with the CMA: "We want people to have more access to games, not less." Dow Jones & Co. owns Factiva. (josh.beckerman@wsj.com)

(END) Dow Jones Newswires

September 01, 2022 15:17 ET (19:17 GMT)

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