MICROSOFT'S ACTIVISION MERGER BLOCKED: WHAT'S NEXT FOR THE GAMING GIANTS?
7Microsoft is facing a significant setback in its $68.7 billion acquisition of Activision Blizzard, as the UK's Competition and Markets Authority (CMA) has blocked the deal. However, Microsoft is not backing down and has filed an appeal against the decision. While the appeal process is underway, Microsoft is exploring alternative options to complete the merger. One possibility is to sell Activision games in the UK through a distributor, pending Activision's approval. Another daring approach would involve forcefully completing the merger, despite the risk of being sued by the CMA. Microsoft could argue that the CMA's decision was illegal. Additionally, Microsoft may consider implementing additional remedies to address concerns specific to the UK market. Although the merger has been approved in other countries, the CMA remains a significant obstacle. Given Microsoft's aspirations to enter the mobile gaming industry, it is evident that the company is diligently considering every possible avenue before making a final decision.
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