Microsoft / Activision Deal Approval Watch |OT| (MS/ABK close)
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DeepEnigma
Gold Member
They should have made it $20b to send a message.
Gudji
Member
Topher
Identifies as young
Open to competition but closed to monopolies.
Seems like the message they are sending.
But even then they approved Bethesda so there's that.
"Microsoft's plan for continuing regulation". CMA emphasizing that they are not going to babysit Microsoft for 10 years.
Thirty7ven
Banned
Making the EC look like a total corporate cuck
Isn't it odd that the EC hasn't published their in depth report about the approval? They had that embarrassing Ms paint made slide and that was it right?
Isn't it odd that the EC hasn't published their in depth report about the approval? They had that embarrassing Ms paint made slide and that was it right?
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Heisenberg007
Gold Journalism
CMA was good when they approved Bethesda.Open to competition but closed to monopolies.
Seems like the message they are sending.
But even then they approved Bethesda so there's that.
Now they are corrupt and incompetent when they blocked ABK.
MasterCornholio
Member
Well Bethesda didn't cause any competition concerns but this one did.
Thats the main difference.
I'm guessing with other mergers they also study them to see if they will cause any issues. According to the CMA most of them don't.
MasterCornholio
Member
Well according to you it means they haven't changed their stance. It would be a different story if they reversed their decision.
jm89
Member
Drell
Member
I'm repeating myself sorry but remember that MS has the right to do this because they're the good guys.
DeepEnigma
Gold Member
EU name dropped the CMA saying they agreed with them, but... But you do you, $MSFT.
Banjo64
cumsessed
Seriously
that's your take away? You must think Microsoft are the most pressurised entity to ever exist in that case, given their non-stop daily crying over the past 12 months.
DeepEnigma
Gold Member
2 trilly company acting like a broken down 2 bit tot.Seriously
Heisenberg007
Gold Journalism
This reminds me of this Jim Ryan quote, which caused a bit of an uproar at the time, but now looks like one of the sanest decisions Jim took.
I wonder if he knew about the mishappenings on the Xbox side regarding this.
Topher
Identifies as young
I mean.......Microsoft has been using the press this whole time. Glad to see CMA isn't just going to bow down.
Dick Jones
Banned
I wonder if the illegally kept kids infomation is counted under their MAUsThis reminds me of this Jim Ryan quote, which caused a bit of an uproar at the time, but now looks like one of the sanest decisions Jim took.
I wonder if he knew about the mishappenings on the Xbox side regarding this.
DeepEnigma
Gold Member
This reminds me of this Jim Ryan quote, which caused a bit of an uproar at the time, but now looks like one of the sanest decisions Jim took.
I wonder if he knew about the mishappenings on the Xbox side regarding this.
Man was like,
Some of these top guys are more in the know than we think they know.
Bernoulli
M2 slut
Why are dudes like this trying to spin this into a bad thing? Protecting the children is now bad?
DeepEnigma
Gold Member
When did this happen with PlayStation?
Anyone have a link?
These fantards are so fragile.
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MasterCornholio
Member
I don't think the FTC is the biggest issue for the deal. They are certainly saying that to the wrong regulator.
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Bernoulli
M2 slut
bitbydeath
Member
This gets repeated a lot but is there actually any truth to it? MS are currently being fined by the FTC so one would presume MS would easily overturn it if FTC are that weak right?
Sleepwalker
Member
Twitter keeps sending me tweets from that peterovo guy and they are actually so annoying, hes worse than senjutsu
Sony
Nintendo
They don't have to. Microsoft pays a third party to monitor behavioral remedies in the LinkedIN purchase, and that third party is selected by the regulator. If regulation works, CMA should allow it. In this case, CMA says it doesn't want it, but it doesn't explain properly why it wouldn't be effective. CMA's job is to asess effectivity, not to choose the most convenient options.
Bernoulli
M2 slut
Why do they even get so many likes
It's so annoying that they keep appearing on the feed for no reason
GHG
Gold Member
Bots.
I'm convinced the only way these morons can get so many likes is if there are a bunch of bots following their accounts.
Because the alternative is alarming.
Banjo64
cumsessed
Bots. About 5 years ago you could pay a company £100 to get your post to the front page of Reddit.
Helghan
Member
Yes that's how the EC works… some of you are plain ridiculous
feynoob
Banned
mute him. I did that and his other friends. They are annouying as hell.
feynoob
Banned
Deals outside of monopoly gets approved, while those on monopoly territory gets blocked. Its 101 regulation.
These people need to learn what a monopoly is.
Topher
Identifies as young
No, the CMA's job is ensure competition isn't significantly reduced. And the remedy you are citing with monitors for linkedin was approved by the EC. Obviously, the CMA's current leadership is not impressed with punting their responsibilities to third parties and they shouldn't be.
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feynoob
Banned
What could go wrong if you mix 3rd party regulators with MS money?
Kilau
Gold Member
There is reason to think the FTC will lose this.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/7JINJ3QHQZISLC2Z7JAXTP2V7M.jpg)
U.S. keeps losing antitrust court battles but few expect pullback
The U.S. government has been hit with four painful losses at antitrust trials recently but legal experts do not expect the Biden administration's regulators to slow efforts to make American business more competitive.
www.reuters.com
feynoob
Banned
FTC doesnt have the same power as the cma. So they must fight this case in the court. And considering FTC track, its not a good look.
feynoob
Banned
I think it was july 19, but I could be wrong.
feynoob
Banned
Idas
The Business and Trade Select Committee has published a letter from the CMA about the inquiry on May 16th.
Among other things (the letter is 4 pages long) it says that the CMA hold 26 meetings and exchanged 74 e-mails with the FTC between the start of Phase 2 and the publication of the final report.
here is the link
The Business and Trade Select Committee has published a letter from the CMA about the inquiry on May 16th.
Among other things (the letter is 4 pages long) it says that the CMA hold 26 meetings and exchanged 74 e-mails with the FTC between the start of Phase 2 and the publication of the final report.
here is the link
Lol and this wraps it up for the idea of CMA changing their idea at all, let alone the dream of changing it before the end of July bypassing any legal procedure like Microsoft wanted
Time for Brad to start putting in the re-negotiation contract with Activision that leaving the UK option
The Pleasure
Gold Member
Topher
Identifies as young
The letter also makes it clear that there were waivers in place from Microsoft and ABK that dictates what could be discussed.
"As part of the CMA's investigation of Microsoft's anticipated acquisition of Activision, there was engagement with numerous overseas competition authorities. The CMA had waivers in place from the merging parties, as well as some third parties, in relation to several overseas authorities, including the FTC and the European Commission. This enabled the CMA to share certain information with those authorities more freely. One difficulty which the CMA can face in cases such as this, and indeed did face in this case in relation to the FTC in the latter stages of the investigation, is that these waivers can be withdrawn, which – while not preventing engagement with counterparts – can limit the extent to which the CMA can exchange certain information, unless other gateways for information exchange are available. "
feynoob
Banned
and Who says that you cant buy people with gamepass.
This years saga has been down right funny, compared to last year.
CMA block messed up alot of people.
The Pleasure
Gold Member
The xbox fans thought that they were made in heaven after Phil Spender was using other people's money but got done dirty by dirty deeds done dirt cheap by the lords of the UK. That broke them more than realizing bleach was 90% filler.
feynoob
Banned
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PaintTinJr
Gold Member
That's specific to the federal court process isn't it?
I thought in their own process they have a very high success rate - but federal court has now ruled that they can't just prosecute with their internal process.
Which brings me to a question about the US system with the FTC for this merger:
If the UK CMA merger appeal fails on the 18th of July due to ATVI failing to extend the deal, does that mean the need for an FTC injunction in a federal court is no longer required by the FTC to sue Microsoft over the illegal merger - after it has collapsed ? effectively clearing the way for the FTC to conduct the whole process in their own court, find against Microsoft and then potentially fine them tens of billions, of dollars without Microsoft having the same 50:50 chance in a Federal court to over turn that decision - like they would if say an injunction was filed today?
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feynoob
Banned
The deal cant get closed without cma approval currently. And if both parties cant renew the deal, then that means the merger falls through and wont proceed, as both parties arent going to merge.
As for ftc, they can only sue to block. I think its the DOJ that approves it. Both agency work together. But if FTC sues to block, that means they need to win their case.
In this case, if both party dont renew, then the deal is off. FTC gets a win. If both party renew, then the ftc will need to win their case.
But its all depend on CMA decision.
laynelane
Member
One of the most cringe things about this whole process has been the sheer number of people who talk about MS money like it's their own. Bragging about warchests and infinite funds or amounts in the millions being "pennies".
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