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re: pg 7: Microsoft has finalized its purchase of Activision; trailer: first post on page 8

Posted on 5/15/23 at 10:07 pm to
Posted by imjustafatkid
Alabama
Member since Dec 2011
51064 posts
Posted on 5/15/23 at 10:07 pm to
The EU approved the purchase today. Beginning to look like the UK will be the only holdout, which would likely mean the deal closes regardless. The FDA would get overturned if they tried to use the CMA's logic.

Direct link to EU website.

The EU's antitrust chief tweeted out a statement before the ruling was released, where she took a direct shot at the UK CMA's reasoning.

quote:

With our clearance Activition Blizzard’s games will also be available on cloud. This is good for competition and innovation and brings games to many more devices and consumers. Microsoft‘s commitments will enable the streaming of games in any cloud game streaming service.


Twitter Link
Posted by imjustafatkid
Alabama
Member since Dec 2011
51064 posts
Posted on 5/19/23 at 9:27 am to
China has given unconditional approval to the merger.

LINK

With the current deal deadline set for July, it's starting to seem like Microsoft may just push forward and close the deal while the FTC case (which the FTC can't win) and the CMA appeal (which the CMA can definitely win) are sill pending. The UK likely gets carved out in this scenario.
This post was edited on 5/19/23 at 9:29 am
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