CoreyFlawless
Member
Lol 
ok then, let the battle keep going.
ok then, let the battle keep going.
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Microsoft / Activision Deal Approval Watch |OT| (MS/ABK close)
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GHG
Member
The latest sub clearly.
CuNi
Member
Lol
I don't think this was ever a battle.
People could argue left and right but in the end, nothing they said or did had an impact. It's just been a waiting game with speculations, and it still is.
There are "what ifs" that we can talk about but whatever happens happens and that's it. I never got why people felt so invested as to achieve this 1k+ thread when one or two comments should've been more than enough to post in here.
"We recently entered into a settlement with the U.S. Federal Trade Commission (FTC) to update our account creation process and resolve a data retention glitch found in our system."
Microsoft was storing data which violated the Children's Online Privacy Protection Act. They are saying it was a 'glitch' but they've had a few of those now.
$20 million FTC settlement addresses Microsoft Xbox illegal collection of kids’ data: A game changer for COPPA compliance
Care About COPPA Compliance may not be the coolest Xbox gamertag, but an FTC action against Microsoft for alleged violations of the Ch
Basically there was two/three issues, MS didn't delete info for kids accounts that weren't completely created. One of the other issues was the direct notice to parents was clear in terms of what data kids have signed up to give and therefore the parents consent was invalid.
Ar¢tos
Member
So all your praise for MS is over getting Diablo and CoD on gamepass?
Edmund
Member
Just throw your Ps5 out the window if its giving you so much grief. We'd rather not hear your whining.
Riky
$MSFT
The CMA decision to block Microsoft’s Activision deal could cost us dearly in the UK - CityAM
The CMA decision to block Microsoft from acquiring Activision could be painful in the long-term as businesses get scared off
www.cityam.com
The CMA should be listening to all this talk.
MasterCornholio
Member
The CMA decision to block Microsoft’s Activision deal could cost us dearly in the UK - CityAM
The CMA decision to block Microsoft from acquiring Activision could be painful in the long-term as businesses get scared off
The CMA should be listening to all this talk.
Well they have been for a while. But that's not how they made their decision.
Bernoulli
M2 slut
Under pressure, closed for business, government intervention, UK economy will crumble without ABkThe CMA decision to block Microsoft’s Activision deal could cost us dearly in the UK - CityAM
The CMA decision to block Microsoft from acquiring Activision could be painful in the long-term as businesses get scared off
The CMA should be listening to all this talk.
Need a new narrative
MasterCornholio
Member
Under pressure, closed for business, government intervention, UK economy will crumble without ABk
Need a new narrative
The CMA decision is final correct?
I don't think the CMA will come out tomorrow and announce that they reversed their decision. I know some are hoping for that but I don't believe the process works this way. The CAT would have to send it back to them first if any changes are to be made.
Ar¢tos
Member
Currently MS and ATK are both operating and making money in the UK, but somehow, if they aren't allowed to merge and are forced to remain separate like they have always been, it will magically cause the utter and complete destruction of the UK.Under pressure, closed for business, government intervention, UK economy will crumble without ABk
Need a new narrative
It must be some sort of magic curse, but, so far, none of the shills have managed to explain this curse.
Banjo64
cumsessed
The CMA decision to block Microsoft’s Activision deal could cost us dearly in the UK - CityAM
The CMA decision to block Microsoft from acquiring Activision could be painful in the long-term as businesses get scared off
The CMA should be listening to all this talk.
Konvoy Ventures
Konvoy Ventures is a thesis driven venture capital firm. We invest in the platforms and technologies at the frontier of gaming.
www.konvoy.vc
Another American spouting Microsoft’s party line. Nothing sus here, move along.
GHG
Member
Konvoy Ventures
Konvoy Ventures is a thesis driven venture capital firm. We invest in the platforms and technologies at the frontier of gaming.
Another American spouting Microsoft’s party line. Nothing sus here, move along.
An American writing commentary on British regulation in a British publication and it's the only column he's ever had for cityam. Definitely not sus.
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Heisenberg007
Gold Journalism
On the contrary, it will encourage companies to open businesses in the UK, because they will feel safe that they will have a fair chance in the UK market and a trillion $$ company won't just eat their lunch.
gothmog
Gold Member
Fear. Uncertainty. And Doubt. On no.The CMA decision to block Microsoft’s Activision deal could cost us dearly in the UK - CityAM
The CMA decision to block Microsoft from acquiring Activision could be painful in the long-term as businesses get scared off
The CMA should be listening to all this talk.
Activision shareholders are open to an acquisition. The size of Activision limits the pool of potential bidders to a relative handful of conglomerates. The arguments made by the CMA against Microsoft set a precedent which could be extended to many of these acquirers. Only a small portion of Activision's workforce is based in the UK. The number is 200-500 out of a global workforce of 15,000 or so. Activision has the option of eliminating or relocating those jobs to a different country to remove itself from the jurisdiction of the CMA. The move would remove some regulatory risk for future mergers. The option is extreme but there is logic behind it.
Activision will still make lots of money in the UK. Activision just won't make anything in the UK. Activision would sell its products through a UK-based distributor the same way that Nintendo uses Maxsoft to sell its games in markets outside of the US/EU/JP. Microsoft's operations would not be impacted at all. Microsoft wouldn't use the same strategy. Microsoft employees too many people in the UK to relocate easily. Microsoft also operates datacenters in the UK which can't be dragged to another country.
Heisenberg007
Gold Journalism
You still haven't explained how stopping the merger will destroy and damage the UK.
Thirty7ven
Banned
Ronin_7
Banned
Likely final not a Single time they reversed One.
A public company considering relocating jobs due to a hostile regulatory environment isn't exactly going to galavanize investment in the "Singapore of Europe".
Heisenberg007
Gold Journalism
Even if you assume you're right and ABK does something like this, you said yourself that ABK only has 200-500 employees in the UK.
If it is not going to be a hit for ABK/MS to leave ~500 employees behind (out of 15,000), how will it be a hit for the entire UK market that has millions of workers?
Heisenberg007
Gold Journalism
More importantly, if the CMA reverses the decision now, after Microsoft's pressure tactics and PR campaign against them, it will look very, very bad for both CMA and Microsoft.
MS should have just kept quiet and work in the background. If the CMA changed their decision after that, it would seem like they did it on their own. Now everybody will think that MS pressurized them and that the CMA also had political intervention.
First I am not "right". I explained the logistics of the decision and why Activision would consider it. Second, it has to be Activision making the decision of its own volition. Microsoft can't have any say in the matter while the merger is incomplete. Third, the answer to your question is implicit in my response. Countries compete for investment in a global economy. Owners of little companies want the freedom to cash out to anybody. Owners of big companies want the freedom to buy any company they can make use of. Activision taking such a nuclear option is bound to affect the impression of the UK for companies looking to invest in the future. That is where the UK could see damage. I don't think Activision moving 300 people is literally going to crash the economy.
harry mason 1989
Banned
Who knows what will happen
But I'm sure everything will be clear next month
Topher
Gold Member
What we "know" is Microsoft is appealing the CMA's decision and anything could still happen. You are talking about unfounded rumors.
ToadMan
Member
This is wrong.
Stop repeating it.
https://www.gov.uk/government/speec...er control gives the,it (and where the merger
Ar¢tos
Member
They can't.... It's part of the mandatory copy-paste script!
Heisenberg007
Gold Journalism
It's way more likely to be blocked now than ever before. But since Microsoft has filed an appeal, it's still not 100% finalized yet. Things will get clearer significantly after July 18.
This is a Twitter narrative, really far away from reality and truth as of now.
bender
What time is it?
Pelta88
Member
The CMA decision to block Microsoft’s Activision deal could cost us dearly in the UK - CityAM
The CMA decision to block Microsoft from acquiring Activision could be painful in the long-term as businesses get scared off
The CMA should be listening to all this talk.
The definition of a puff piece. Microsoft doesn't pay their fair share of tax in the UK. They'd pay even less if ABK ip were removed from stores and put on GP.
But
Riky
is as
Riky
does.BattleScar
Member
What this article is saying, is that if a country that isn't the US must bend over and take this corporate dick, otherwise that country's economy is doomed to failure and that nobody will ever invest there again.The CMA decision to block Microsoft’s Activision deal could cost us dearly in the UK - CityAM
The CMA decision to block Microsoft from acquiring Activision could be painful in the long-term as businesses get scared off
The CMA should be listening to all this talk.
I'm sorry, but we've given enough ground to corporations. Governments and nations should not be subservient to business interests. Fuck that noise.
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Kinda hard to take you seriously when you're linking the transcript of a speech instead of the regulator's guidance itself. I think we agree that the share of supply test won't come into play. How would the turnover test apply to Activision if it granted the exclusive rights to distribute, operate, and support to a distributor outside of the EU that opens a UK subsidary?
Man you got me!
Kilau
Member
I still feel only Activision pulling the plug in July will be the end of the deal. MS has all the incentive to keep pushing and finding a way to make it work. The FTC has proven to be a paper tiger and MS knows it. If there is a path to closure in the UK, MS will get there given enough time.
feynoob
Banned
I agree with this article.The CMA decision to block Microsoft’s Activision deal could cost us dearly in the UK - CityAM
The CMA decision to block Microsoft from acquiring Activision could be painful in the long-term as businesses get scared off
The CMA should be listening to all this talk.
How dare CMA block poor MS attempt on buying Activision. The CMA is against poor struggling companies. Look at how all these good games will benefit gullible UK gamers in to paying 180$ a year, instead of their usual 70$ for their games.
Feels for MS.
feynoob
Banned
Microsoft's Smith meets UK finance minister after Activision block
Microsoft's president met Britain's finance minister for talks on Tuesday and said he would try to work with regulators to seek UK approval for its $69 billion purchase of "Call of Duty" maker Activision Blizzard .
www.reuters.com
devilNprada
Member
$180 > $70
feynoob
Banned
MS is on hunt. Be Careful CMA.
gothmog
Gold Member
You can smell the corruption from here. Funny how Sony got put in the meat grinder for expressing concerns while Microsoft gets applauded for it's efforts to basically subvert a country's regulatory process.
feynoob
Banned
Who are you, and what sorcery is this?
feynoob
Banned
One is American, while the other is Japanese.
We Americans like to do things in our ways.
Bernoulli
M2 slut
He is siding bith with CMA and MS, but keeps saying CMA is independent
Speaking at the British Chambers of Commerce annual conference on Wednesday, Mr Hunt said: “When it comes to Microsoft, there was a merger between two American companies that the US regulator is seeking to block, and the UK regulator took the same view.
“I think one of the reasons that companies like Microsoft and Google want to invest in the UK is because we have independent regulators that are not controlled by politicians and therefore they can be confident there will be a level playing field.
“I would not want to undermine that at all, but I do think it’s important all our regulators understand their wider responsibilities for economic growth.
“But for our tech sector, it isn’t just about being able to get through big deals, competition really matters.”
The comments are the first Mr Hunt has made on the blocked takeover bid.
Hunt urges competition chiefs to encourage growth after Microsoft deal blocked
Chancellor says CMA must ‘understand wider responsibilities’ after £55bn takeover denied
www.telegraph.co.uk
ToadMan
Member
ToadMan
Member
Heisenberg007
Gold Journalism
He is siding bith with CMA and MS, but keeps saying CMA is independent
Speaking at the British Chambers of Commerce annual conference on Wednesday, Mr Hunt said: “When it comes to Microsoft, there was a merger between two American companies that the US regulator is seeking to block, and the UK regulator took the same view.
Bernoulli
M2 slut
Why is brad smith still meeting with the CMA to make a deal? Why didn't they adress the concerns before the final decision?
Smith will also meet officials from the UK Competition and Markets Authority to pitch the benefits of the deal and find "creative and constructive ways" to address competition concerns, according to a company representative.
Meanwhile, he plans to work with the tech group's legal representatives to find a solution to counter the CMA decision, including options to bypass the order or withdraw Activision from the UK market, one of the sources confirmed.
www.tradingview.com
Smith will also meet officials from the UK Competition and Markets Authority to pitch the benefits of the deal and find "creative and constructive ways" to address competition concerns, according to a company representative.
Meanwhile, he plans to work with the tech group's legal representatives to find a solution to counter the CMA decision, including options to bypass the order or withdraw Activision from the UK market, one of the sources confirmed.
Market Chatter: Microsoft President Seeks Resolution for Blocked Activision Deal
Microsoft FWB:MSF, EURONEXT:MSF President Brad Smith is set to hold talks with UK Chancellor Jeremy Hunt to push back against the antitrust regulator's decision to block its $69 billion acquisition of Activision Blizzard, Bloomberg News reported June 2. Smith will also meet officials from the UK Co…
www.tradingview.com
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