Microsoft / Activision Deal Approval Watch |OT| (MS/ABK close)

Do you believe the deal will be approved?


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Man it's gonna feel so bad when all of this shakes out for a demonstrably worse experience for UK gamers using cloud gaming (all 5000 of them) in the name of "competition".

If that's what ends up happening. All I've heard so far is rumors about what they are going to do without any actual evidence. A lot of it is coming from sources that have been flat out wrong in the past when it comes to this whole merger.

I'm not going to believe anything about what the new deal with the CMA is until it's announced by MS or the CMA themselves.
 
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As a reminder: The original deal is currently still blocked by the CMA.

Yep. And as we all saw, we have to be careful believing everything that was said in front of the judge. That seems to be when the level of bullshit is at its peak going by the fake ass concern over the termination date.
 
CAT has formally granted the MS/Acti x CMA request.

Copying Idas's post from Era;


The CAT updated the status of the case with this:

By an Order of the President dated 21 July 2023, the application made jointly by the CMA and by Microsoft – and with the support of Activision to adjourn the hearing of Microsoft's judicial review application (which is due to be heard on Friday 28 July 2023, with a time estimate of six days) was granted.

There are not more upcoming events.

Now, time to focus on the new deal.
 
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It makes sense.
CMA hasn't proceed with the block and are open to change.
Current block is just a bailout.
Bro. The CMA announced that they are open to a new deal restructure, but the original decision of the block still stands.

Right now. The deal is blocked, hence why MS/ABK are restructuring a NEW DEAL.

If they don't restructure a new deal, then it's a no go. The original is not being unblocked. Their decision is final on that.
 
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Hence why it's not blocked.
They have to cancel their interim for the block to be effective.

It is technically blocked (in the UK). The Interim Order still stands, but they can derogate from that in their Final Order when there is an MCC (Material Change of Consequence) or Special Reason.
 
Bro. The CMA announced that they are open to a new deal restructure, but the original decision of the block still stands.

Right now. The deal is blocked, hence why MS/ABK are restructuring a NEW DEAL.

If they don't restructure a new deal, then it's a no go. The original is not being unblocked. Their decision is final on that.
And CMA wouldn't waste their time with renegotiation if their block was final.
 
What you are trying to say is that the current block is not necessarily permanent. That is true. An interim block is still in place and as long as it is, the deal is blocked.
Yup.
Once CMA refuses that renogation, the block will become valid.
If they accept it, the block become null..
 
And CMA wouldn't waste their time with renegotiation if their block was final.
Now you're just splitting hairs.

Yup.
Once CMA refuses that renogation, the block will become valid.
If they accept it, the block become null..
The original deal is still blocked. Dead in the water. Never coming back.

An approval, if there is one, would be based a new structured deal. The old one is dust now.
 
Now you're just splitting hairs.


The original deal is still blocked. Dead in the water. Never coming back.

An approval, if there is one, would be based a new structured deal. The old one is dust now.
On a technical level, the old deal could come back, for them to apply for a new JR appeal on the original decision assuming the new deal is rightfully exposed against the context of the Booty email and Microsoft owning CoD, but how willing the judge would be to give them another bite of the cherry to fight that, or the timescales for ATVI to extend again to provide time for that all seem very unlikely IMO.
 
Now you're just splitting hairs.


The original deal is still blocked. Dead in the water. Never coming back.

An approval, if there is one, would be based a new structured deal. The old one is dust now.
I mean if they are going to talk with MS about appropriate structure, does that mean their block valid?
What ever comes out from that meeting is going to change their decision.
if the block was final, CMA would have went with the court and sent MS to the voicemail.

until CMA stands down with their decision, the block will have ???.
 
I mean if they are going to talk with MS about appropriate structure, does that mean their block valid?
What ever comes out from that meeting is going to change their decision.
if the block was final, CMA would have went with the court and sent MS to the voicemail.

until CMA stands down with their decision, the block will have ???.
Tom Cruise What GIF
 
So we heading into august territory for anything substantial?

Yes, I think we're in a bit of a quiet period, for the first time in the last 18 months.

FTC has, for now, dropped their case, they can file again.
CMA and MS are working on a revised proposal with CMA saying they'll aim to finish their work by Aug 29th.
EU has already closed so no concerns there.

cringe gifs in this page.


Ye best start believin' in cringe threads, yer in one.
 
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On a technical level, the old deal could come back, for them to apply for a new JR appeal on the original decision assuming the new deal is rightfully exposed against the context of the Booty email and Microsoft owning CoD, but how willing the judge would be to give them another bite of the cherry to fight that, or the timescales for ATVI to extend again to provide time for that all seem very unlikely IMO.
It's dead as a doornail. The CAT is already out of the bag for the new one.
 
So we heading into august territory for anything substantial?

Theoretically the CMA could file a Final Order at any point that derogates from their Final Report, and theoretically that Final Order could include language that allows MSFT/ATVI to close the transaction but make MSFT "hold separate" ATVI (in the hypothetical situation that they'd need to divest them fully later). If I'm not mistaken about the process, that could happen at basically any point now. Whether the CMA wants to do that is up to them, and they're pretty much inscrutable.
 
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From a transparency of process situation I think the CMA are wide open to a challenge. Today's announcement, but no publication of what the judge received looks dodgy from both the CMA and the CAT.

As yet, the CMA haven't even said whether they've seen the booty email and the discussions of Starfield 10m copies withheld from PlayStation finances which seems very dodgy. The CMA cosying up to Microsoft about significant material differences that favour the deal is very lopsided when there is zero discussion by them about their need to reinstate the console SLC that has full smoking gun with bullet passing through the corpse evidence to kill this merger for consumer benefit.

The CMA serving Sony up to Microsoft to sign a deal and - almost certainly - contractually gag them from speaking against the merger - and probably prohibits them from challenging the deal with the CAT - is the most corrupt looking thing I've ever seen coming out of a UK regulator.
 
Yes, I think we're in a bit of a quiet period, for the first time in the last 18 months.

FTC has, for now, dropped their case, they can file again.
CMA and MS are working on a revised proposal with CMA saying they'll aim to finish their work by Aug 29th.
EU has already closed so no concerns there.




Ye best start believin' in cringe threads, yer in one.
I really thought after all the urgency talk in the court a few days ago we would be hyper speed but it's really looks like end of august
 
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