During a speech in Washington DC, CMA CEO Sarah Cardell highlighted the challenges arising from the growing dominance of a few major Big Tech companies and their potential to manipulate the market to their advantage. In a recent Update Paper on foundational AI models, Cardell expressed serious reservations about the sector’s progress. Speaking at the …
Microsoft’s deal to buy Activision is reportedly expected to face a UK probe after Microsoft failed to offer remedies to assuage competition concerns. The Competition and Markets Authority (CMA) had said earlier this month that takeover of the video game publisher Activision Blizzard by the American tech giant could hurt the competition in gaming consoles, …
The Competition and Markets Authority (CMA), Britain’s antitrust regulator, is conducting a probe into the Microsoft-Activision Blizzard deal. They aim to make a final decision on the matter by August 29. Microsoft has submitted arguments to the CMA explaining why the $69 billion deal should be re-evaluated. The CMA has invited comments on the new …
The antitrust regulator in Britain has regained control of Microsoft’s Activision Blizzard deal following an adjournment granted by an appeals court. The UK’s reasons for reconsidering its block on the US software giant’s takeover have now been published by the Competition and Markets Authority (CMA). Microsoft has presented arguments to the CMA, hoping to win …
Microsoft’s proposed acquisition of Activision Blizzard is once again under scrutiny by the UK’s antitrust regulator. An appeals court granted an adjournment, prompting the Competition and Markets Authority (CMA) to reconsider its decision to block the $69 billion deal. Microsoft has presented its arguments for reconsideration, emphasizing the binding commitments it made to the European …
Activision Blizzard announced on Wednesday that the deadline for the completion of its $69 billion (roughly Rs. 5,66,200 crore) acquisition by Microsoft has been extended to October 18. This extension is necessary as the two companies are working together to obtain approval from the United Kingdom’s antitrust authority. In addition to the deadline extension, Activision …
Activision Blizzard announced on Wednesday that it has extended the deadline for Microsoft’s $69 billion takeover until October 18. This extension comes as both companies work towards obtaining approval from the United Kingdom’s antitrust authority. In addition to the deadline extension, the “Call of Duty” publisher has agreed to increase the deal termination fee from …
Microsoft’s appeal against the block on its $69 billion takeover of Activision Blizzard by Britain has been temporarily paused by a London tribunal. This pause will provide the parties involved with more time to resolve the ongoing dispute. Microsoft, Activision, and Britain’s competition regulator, the Competition and Markets Authority (CMA), have all requested a two-month …
The London tribunal has temporarily paused Microsoft’s appeal against Britain’s block on its $69 billion takeover of Activision Blizzard. This pause was granted in order to allow the parties involved more time to resolve their dispute. Microsoft, Activision, and Britain’s competition regulator, the Competition and Markets Authority (CMA), all requested a two-month stay of the …
Microsoft has requested a London tribunal to temporarily halt its appeal against the Competition and Markets Authority’s (CMA) rejection of its $69 billion takeover bid for Activision Blizzard. The aim is to allow both parties more time to resolve the dispute without intervention from the tribunal. The CMA, in April, became the first major regulator …