The British antitrust cops just announced they will oppose the proposed blockbuster $68.7 billion merger of two American companies – Microsoft and gaming company Activision Blizzard, the owner of the wildly popular game Call of Duty. This decision is bad news for investors in companies, gamers and workers. But it’s very good news for America’s competitors in Asia and Europe.

The foreign regulators claim the merger will give monopolistic power to Microsoft in the computer gaming industry.

Stephen Moore is a senior fellow at the Heritage Foundation and a co-founder of the Committee to Unleash Prosperity. His latest book is "Govzilla: How the Relentless Growth of Government Is Devouring Our Economy."

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