Some items on our site have recently moved. Visit our News Hub for selected articles, special reports, podcasts and other resources.
The UK regulator’s Microsoft-Activision Blizzard red light will be hard to reverse
05 May 2023 00:00
Microsoft has lashed out at the UK’s Competition and Markets Authority over its decision to veto the software giant’s $69 billion acquisition of gaming company Activision Blizzard. Microsoft President Brad Smith called the decision “the darkest day of our four decades in Britain,” warning that the regulator’s red light had shaken the company’s confidence about doing business in the UK. On this week’s podcast, MLex’s M&A team examines the fallout of the CMA’s decision and what it means for the prospects of the global deal.
Microsoft is set to appeal a UK block on its proposed acquisition of game developer Activision Blizzard. But reversing a decision by the Competition and Markets Authority is fiendishly hard; in fact, it's never been done in a merger case — at least not in recent memory
Microsoft is set to appeal a UK block on its proposed acquisition of game developer Activision Blizzard