Microsoft Explores Options to Overcome UK Blockade on Acquisition of Activision Blizzard King: MLex Report

According to another A report published by MLexMicrosoft executives are exploring ways to shut down Acquisition of Activision Blizzard KingDespite the blockade imposed by the United Kingdom. The Competition and Markets Authority (CMA) has currently issued an order preventing Microsoft from acquiring any stake in Activision Blizzard King, including its subsidiaries.

MLex has learned that Microsoft has retained other lawyers to find possible solutions to close the Activision deal despite the CMA being banned in the UK. One possibility is leave the UK And move to another European country outside the jurisdiction of the Capital Markets Authority. In this scenario, Activision will continue to sell its games through a distributor.

Another possibility that Microsoft is exploring Extension of unilaterally proposed remedies to CMA (and accepted) to the European Commission. However, these treatments are similar to those that were proposed to the CMA but rejected. This approach would require Microsoft to take voluntary actions to address issues specific to the UK market.

Phil Spencer, head of Xbox

Finally, regarding MLex, Microsoft is also looking into the possibility Go directly to the procurement processlater arguing in court that the draft CMA would be “unlawful” if challenged by legal action by UK regulators.

a microsoft spokesperson He told MLex that “our priority is moving the UK appeals process forward, and we remain committed to constructive dialogue and solutions to address regulatory concerns.” When Microsoft chief executive Satya Nadella was asked if the company could close the deal and stop selling products in the UK, the chief executive replied: “We’re going to wait until it’s all over.”

So for now, we’ll just have to wait and see how the appeal pans out.

“Introvert. Bacon pioneer. Coffee advocate. Professional student. Devoted internet lover.”

2023-06-01 21:44:55

#Xbox #Report #leaving