Ignore Microsoft’s whines about the Activision Blizzard takeover. The CMA did its job | Nils Pratley

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[ad_1] The silliest line in Microsoft president Brad Smith’s whine about the UK was his claim that the Competition and Markets Authority is “not only unelected but unaccountable”. That is an absurdly over-the-top reaction to a regulatory thumbs-down in the UK, on entirely coherent grounds, for Microsoft’s planned $68.7bn (£55bn)Continue Reading

Activision and Microsoft to appeal after CMA blocks takeover

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[ad_1] Activision has said it will “work aggressively” with Microsoft to overturn the U.K. competition regulator’s decision to block Microsoft’s proposed takeover of the game developer. Microsoft and Activision were confident of approval after agreeing remedies to address concerns raised by the Competition and Markets Authority (CMA). But the CMAContinue Reading