Microsoft could pull Activision from the UK to bypass the CMA's ruling, a new report claims...
is set for July, and the company's president Brad Smith will reportedly meet with legal representatives this week to discuss ways to counter the ruling, including, as an extreme case, pulling Activision out of the UK.Bloomberg
suggests that Brad Smith will be meeting with UK Chancellor Jeremy Hunt and representatives from the Competition and Markets Authority this week, to"voice his frustration" over the CMA's decision to block the Activision Blizzard deal. Both Hunt and Smith have voiced their disappointment with the CMA's ruling previously, with the UK chancellor saying that the regulator must"understand their wider responsibilities" during a recent business conference.
Alongside this week's talks, Bloomberg's sources have said that Smith will be meeting with Microsoft's legal representatives to draw out a strategy to counter the CMA's ruling. In an extreme case, the company could decide to bypass the UK and go ahead with the deal, or"withdraw Activision from the UK market."
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft ‘could withdraw Activision from the UK’ to counter acquisition block, it’s claimed | VGCMicrosoft ‘could withdraw Activision from the UK’ to counter its acquisition block, a new report claims. The Xbox owner is reportedly meeting with UK ministers next week to discuss the deal.
Read more »
Microsoft's 'extreme' options to bypass acquisition block could include withdrawing Activision from the UKMicrosoft is reportedly considering withdrawing Activision from the UK in a bid to bypass the country's merger block. A…
Read more »
Typo blamed for Microsoft Azure DevOps outage in BrazilErrant code fix deleted entire servers rather than snapshots of database
Read more »
Microsoft makes a rare intervention to delete this Xbox achievement from Homestead ArcanaMicrosoft has allegedly stepped in and deleted an Xbox achievement after players complained that it was unobtainable. C…
Read more »