{"id":582717,"date":"2023-07-14T14:49:57","date_gmt":"2023-07-14T11:49:57","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/uk-extends-deadline-for-microsoft-activision-69b-merger\/"},"modified":"2023-07-14T14:49:57","modified_gmt":"2023-07-14T11:49:57","slug":"uk-extends-deadline-for-microsoft-activision-69b-merger","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/uk-extends-deadline-for-microsoft-activision-69b-merger\/","title":{"rendered":"#UK extends deadline for Microsoft-Activision $69B merger"},"content":{"rendered":"
\n The UK\u2019s Competition and Market Authority (CMA) is extending the deadline for its review of the Microsoft-Activion $69bn merger, in the latest twist of a complex regulatory saga. The cut off date has been moved from July 18 to August 29.<\/p>\n

\u201cThe Inquiry Group has decided to extend [the period] by six weeks\u2026 as it considers that there are special reasons to do so,\u201d the watchdog announced<\/a> on Friday.<\/p>\n

In April, the CMA had initially blocked the takeover, concluding that the purchase would give Microsoft an unfair edge in the country\u2019s nascent cloud gaming market. In May, the US tech giant decided to app<\/a>eal the decision.<\/p>\n

The EU\u2019s later approval of the deal didn\u2019t seem to shake the UK authority. But this week, after a US court ruled against the Federal Trade Commission\u2019s (FTC) bid to block the merger, the CMA softened its stance. (For context, Microsoft needs approval from the entire UK-US-EU trio to complete the purchase.)<\/p>\n

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\u201cMicrosoft and Activision have indicated that they are considering how the transaction might be modified, and the CMA is prepared to engage with them on this basis,\u201d CMA media<\/a> officer Billy Proudlock told<\/a> the Verge. He added that they may choose to \u201crestructure a deal,\u201d which could in turn result in a \u201cnew merger investigation.\u201d<\/p>\n

For its part, Microsoft has agreed to pause the court appeal. Reportedly, Activision and Microsoft are also considering ceding some control of their cloud gaming business, according to people familiar with the matter who spoke anonymously to Bloomberg<\/a>.<\/p>\n

This could include selling cloud-gaming rights to UK companies in the telecoms, gaming and internet-based computing, or even to private equity firms.<\/p>\n

But although things seem to be turning for Microsoft, its battle to strike the largest ever deal in the video-game<\/a> industry is far from over. It\u2019s still uncertain whether its negotiations with the CMA will bear fruit, and the FTC is appealing the court\u2019s ruling in favour of the merger.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The UK\u2019s Competition and Market Authority (CMA) is extending the deadline for its review of the Microsoft-Activion $69bn merger, in the latest twist of a complex regulatory saga. The cut off date has been moved from July 18 to August 29. \u201cThe Inquiry Group has decided to extend [the period] by six weeks\u2026 as it…<\/p>\n","protected":false},"author":1,"featured_media":582718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280,640&url=https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/07\/Untitled-design-5-8.jpg&signature=1982e37edbac19f6fed97e051395544f","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-582717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/582717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=582717"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/582717\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/582718"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=582717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=582717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=582717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}