The boss of Microsoft has made a humiliating climbdown just months after attacking Britain for blocking its £60billion takeover of Call of Duty maker Activision Blizzard.
Smith said the decision was 'bad for Britain' and represented the company's 'darkest day in our four decades' in the UK. He blasted the 'unelected' and 'unaccountable' regulator. 'I feel that the CMA acted with clarity, with decisiveness, and with the kind of communication that you need in the world today,' he told the Times. 'I think we at Microsoft, quite rightly, should accept a level of accountability ourselves. We do. I do, for the fact that we didn't figure out earlier how to unlock this problem and solve it.'
RELATED ARTICLES Share this article Share HOW THIS IS MONEY CAN HELP Analysts described Smith's comments as a 'clear backtrack' and an attempt to offer an 'olive branch' to regulators.
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