The same Enterprise Act prohibits information sharing between regulators under section 239. MS didn't sign a requested waiver of confidentiality and were trying hard to find instances where the CMA and FTC may have communicated without their consent because they didn't want them to agree with the earlier FTC decision to block. MS signed a waiver with the EC only late in the game when they knew they had a good chance they would accept their remedies. They felt they could help persuade others and later claim they didn't work together to come to the same conclusion.Enterprise Act 86(1)
Enterprise Act 2002
An Act to establish and provide for the functions of the Office of Fair Trading, the Competition Appeal Tribunal and the Competition Service; to make provision about mergers and market structures and conduct; to amend the constitution and functions of the Competition Commission; to create an...www.legislation.gov.uk
CMA's order of prohibition legally extends outside of the UK.
I imagine the reason why the FTC, EC and CMA agreement is required in the contract as MS don't want to be tied to following through with buying ABK at the cost of losing access to the US, EU and UK markets. MS and ABK made the CMA a kingmaker in January 2022. As a result without the agreement of all named regulators the dead is dead. Now the only way around it is that MS and ABK make a new agreement to get around it with shareholders agreement. Now the CMA had imposed a 10 year ban on agreements between the parties without the CMA agreement and even if MS are dumb enough to break that, they pay over 20bn a year in fines.
No idea, probably just another BS guy
Michael Rosenbaum. It's his nickname because he played Lex Luthor in Smallville and people love his legal takes.
Only if they choose to be there. They are free to not be there. Global doesn't mean a right to access everyone and everywhere with no rules.
Approval by regulators is necessary per the MS/ABK deal that shareholders agreed on. It doesn't matter outside that. That's enough to kill the deal.
It's because extreme fanboyism is a mental illness.
The CMA will still regulate whether they're included in the contract (which was a confidence bargaining chip for the shareholders) or not.
Go for it.
What proof is there that it's absolutely impossible for this deal to close in a way that won't violate UK law?
Twitter and other social media gamers have been like for a long time.
Remember, if they do this, I will ask mods to give me "Daddy Phil " tag on my profile.
Do it
And if the deal fails, Activision will lose UK and will be subject to a harsh laws.
Microsoft Authorized Reseller....
Because it will violate it unless they win that judgement on appeal because the CMA decision wasn't remove yourself from cloud and you can have ABK. It was that a merger is prohibited to promote innovation and competition in cloud. Removing youself and the publishers from cloud providers entirely because you've pulled the content doesn't address that competition concern in the acquisition. In fact it makes it worse for cloud as a whole.
Do it, as long as you're happy to be quoted when the deal either collapses this year or is referred back to the CMA without Microsoft carving out the UK
Astroturfer by day, product fencer by night.Microsoft Authorized Reseller....
It is still totally delusional.
Do it, as long as you're happy to be quoted when the deal either collapses this year or is referred back to the CMA without Microsoft carving out the UK
MS won't face anything here. They won't move their business. It's Activision that will do it.
It was forgotten the moment MS let go of 10K the day after a private Sting concert in Devos for the "elite."
Like who? Whoever they are they won't have the same marketshare in cloud gaming and MGS.
