Some big dick energy right there. They seem pretty confident the deal would move to phase 2 regardless, like any other big M&A, and the CMA is just posturing (which is what credible people have said all along).
https://www.ft.com/content/a55cc28e-3092-4725-a1a0-97c1bf6eed0f
Microsoft's $75bn acquisition of video game maker Activision Blizzard faces in-depth probes in Brussels and the UK following growing concerns the deal is anti-competitive and will exclude rivals from accessing the blockbuster game Call of Duty.
It comes as the UK's Competition and Markets Authority is expected to launch an in-depth investigation this week after Microsoft decided not to offer any remedies at this stage, according to two individuals with knowledge of the situation.
Microsoft opted not to offer any remedies to the CMA at this stage because there were no obvious commitments the UK regulator would be likely to accept, according to people with knowledge of the situation.
The watchdog does not generally accept behavioural remedies, such as commitments to maintain access to a product or service, at the end of a phase 1 probe apart from in rare circumstances.
One competition lawyer with knowledge of the case said it was "almost impossible" for Microsoft to offer a remedy that would prevent the investigation moving to an in-depth antitrust probe.
https://www.ft.com/content/a55cc28e-3092-4725-a1a0-97c1bf6eed0f