Adobe CEO blasts the UK regulator after they blocked the Microsoft purchase of Activision Blizzard
Adobe’s CEO blasts the UK regulator after it blocked Microsoft from buying Activision Blizzard. Shantanu Narayen slammed the Competition and Markets Authority after it expressed concern about the tech giant purchasing the video games company - citing potential monopolisation - and called their approach a “significant disincentive” for bigger firms to invest in smaller ventures. He told the Financial Times newspaper: “I’m a big believer that if companies don’t have exit strategies — and sometimes the exit strategy is within a larger company, and sometimes it is the IPO market — that will be a s...