Microsoft Says UK Regulator an Outlier for Blocking Activision Deal

12
Comment
Favorite

Microsoft Says UK Regulator an Outlier for Blocking Activision Deal

Reuters2023-05-30

Microsoft on Tuesday accused Britain's anti-trust regulator of being a global "outlier" in blocking its $69 billion takeover of "Call of Duty" maker Activision Blizzard.The Competition and Markets ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Cedric77
·2023-05-31
Questions & Answers you may want to know. This was what I read. To share if you are interested in the deal. Can Activision pull out of the UK? "Activision is intertwined through different markets—it can't be separated for the UK," the regulator told the BBC. "So this decision blocks the deal from happening globally." Enlarge / In terms of total global land area, the CMA decision has a pretty small footprint. What would happen if Microsoft bought Activision? Microsoft says it needs the deal to boost the Xbox Microsoft says buying Activision would let it put more big titles on Game Pass - its Netflix-style subscription - and make more games for mobile phones, where there are big profits to be made. What did Microsoft agree to buy Activision for? $68.7 billion Announcement. On January 18,
Reply
14
Report
Fold Replies
- XantheJuliana:
  Microsoft is posturing for 750.. per share
  2023-06-04
  Reply
  Report
- OngCK:
  ok
  2023-05-31
  Reply
  Report
- Bons:
  ok
  2023-05-31
  Reply
  Report
View more 2 comments

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2339928358?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-05-30 22:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2339928358","market":"us","top_or_hot":-1,"title":"Microsoft Says UK Regulator an Outlier for Blocking Activision Deal","media":"Reuters","content":"<div>\n<p>Microsoft on Tuesday accused Britain's anti-trust regulator of being a global \"outlier\" in blocking its $69 billion takeover of \"Call of Duty\" maker Activision Blizzard.The Competition and Markets ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-says-uk-regulator-outlier-135954214.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_sg","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Says UK Regulator an Outlier for Blocking Activision Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft Says UK Regulator an Outlier for Blocking Activision Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-30 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-says-uk-regulator-outlier-135954214.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft on Tuesday accused Britain's anti-trust regulator of being a global \"outlier\" in blocking its $69 billion takeover of \"Call of Duty\" maker Activision Blizzard.The Competition and Markets ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-says-uk-regulator-outlier-135954214.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ATVI","symbol_name":"动视暴雪","start_time":0,"source_url":"https://finance.yahoo.com/news/microsoft-says-uk-regulator-outlier-135954214.html","article_id":"2339928358","we_media_id":null,"thumbnails":[],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/microsoft-says-uk-regulator-outlier-135954214.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2339928358","pubTimestamp":1685456309,"sourceInfo":{"source_id":"yahoofinance_sg","name":"Yahoo Finance"},"weMediaInfo":null,"summary":"Microsoft on Tuesday accused Britain's anti-trust regulator of being a global \"outlier\" in blocking ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ATVI":"动视暴雪","MSFT":"微软"},"translate_title":"微软称英国监管机构是阻止动视交易的异类","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSFT":1,"ATVI":0.9},"content_text":"Microsoft on Tuesday accused Britain's anti-trust regulator of being a global \"outlier\" in blocking its $69 billion takeover of \"Call of Duty\" maker Activision Blizzard.The Competition and Markets Authority (CMA) vetoed the deal in April, saying it could hurt competition in the nascent cloud gaming market, sparking a furious row.The company is asking for an appeal, in which Activision wants to intervene, to be heard in July. Lawyers representing the CMA said in court filings that Microsoft's appeal should be heard in September at the earliest.Microsoft's lawyer Daniel Beard told the CAT on Tuesday: \"If this process does not move forward quickly, it jeopardises this merger being completed.\"Microsoft is appealing against the ruling at the Competition Appeal Tribunal (CAT) in London, arguing that the CMA was wrong to conclude the deal would lead to a substantial lessening of competition in the United Kingdom's cloud gaming market.He said that 10 regulators – including the European Union's competition authority, which gave the deal the go-ahead earlier this month – have already approved the merger.\"The CMA is the outlier here in its position,\" Beard said. \"It creates the uncertainty that risks derailing this deal and it is for that reason that speed is of the essence.\"He added: \"It is only here that we have this uncertainty in terms of there being a decision which we say is fundamentally wrong and purports to stop this merger worldwide in relation to a tiny part of the gaming industry.\"Microsoft has also appealed the U.S. Federal Trade Commission's action seeking to block the deal on the grounds that, the agency said, it would suppress competition.(Reporting by Sam Tobin; editing by Kate Holton)","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":182084543266928,"gmtCreate":1685463314399,"gmtModify":1685463320695,"author":{"id":"3575196385895354","authorId":"3575196385895354","name":"Cedric77","avatar":"https://static.tigerbbs.com/e5ee082b05004f20d3486afedee30814","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Questions &amp; Answers you may want to know. This was what I read. To share if you are interested in the deal. Can Activision pull out of the UK? \"Activision is intertwined through different markets—it can't be separated for the UK,\" the regulator told the BBC. \"So this decision blocks the deal from happening globally.\" Enlarge / In terms of total global land area, the CMA decision has a pretty small footprint. What would happen if Microsoft bought Activision? Microsoft says it needs the deal to boost the Xbox Microsoft says buying Activision would let it put more big titles on Game Pass - its Netflix-style subscription - and make more games for mobile phones, where there are big profits to be made. What did Microsoft agree to buy Activision for? $68.7 billion Announcement. On January 18,","listText":"Questions &amp; Answers you may want to know. This was what I read. To share if you are interested in the deal. Can Activision pull out of the UK? \"Activision is intertwined through different markets—it can't be separated for the UK,\" the regulator told the BBC. \"So this decision blocks the deal from happening globally.\" Enlarge / In terms of total global land area, the CMA decision has a pretty small footprint. What would happen if Microsoft bought Activision? Microsoft says it needs the deal to boost the Xbox Microsoft says buying Activision would let it put more big titles on Game Pass - its Netflix-style subscription - and make more games for mobile phones, where there are big profits to be made. What did Microsoft agree to buy Activision for? $68.7 billion Announcement. On January 18,","text":"Questions & Answers you may want to know. This was what I read. To share if you are interested in the deal. Can Activision pull out of the UK? \"Activision is intertwined through different markets—it can't be separated for the UK,\" the regulator told the BBC. \"So this decision blocks the deal from happening globally.\" Enlarge / In terms of total global land area, the CMA decision has a pretty small footprint. What would happen if Microsoft bought Activision? Microsoft says it needs the deal to boost the Xbox Microsoft says buying Activision would let it put more big titles on Game Pass - its Netflix-style subscription - and make more games for mobile phones, where there are big profits to be made. What did Microsoft agree to buy Activision for? $68.7 billion Announcement. On January 18,","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":14,"commentSize":11,"repostSize":0,"link":"https://ttm.financial/post/182084543266928","repostId":2339928358,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":106386693,"gmtCreate":1685863488103,"gmtModify":1685863491534,"authorId":9000000000000343,"author":{"id":9000000000000343,"authorId":9000000000000343,"name":"XantheJuliana","avatar":"https://static.tigerbbs.com/f28da48e3ea5979e903256fc9086c1d4","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":182084543266928,"type":1,"supId":0,"prevId":0,"content":"<p>Microsoft is posturing for 750.. per share </p><p></p>","text":"<p>Microsoft is posturing for 750.. per share </p><p></p>","html":"<p>Microsoft is posturing for 750.. per share </p><p></p>"},{"id":106380167,"gmtCreate":1685488175723,"gmtModify":1685488182007,"authorId":3575595150850001,"author":{"id":3575595150850001,"authorId":3575595150850001,"name":"OngCK","avatar":"https://static.tigerbbs.com/d48712c91608dbd0ea50712fabae2287","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":182084543266928,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":106380160,"gmtCreate":1685488007304,"gmtModify":1685488013490,"authorId":4135157516321462,"author":{"id":4135157516321462,"authorId":4135157516321462,"name":"Bons","avatar":"https://community-static.tradeup.com/news/e8064a4036e0413c5d6bff77f8c3e949","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.11","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":182084543266928,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":106380159,"gmtCreate":1685487995302,"gmtModify":1685487998496,"authorId":4126656836979182,"author":{"id":4126656836979182,"authorId":4126656836979182,"name":"sailors","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":182084543266928,"type":1,"supId":0,"prevId":0,"content":"<u>sure</u>","text":"<u>sure</u>","html":"<u>sure</u>"},{"id":106380140,"gmtCreate":1685487672286,"gmtModify":1685487675539,"authorId":4087829320241190,"author":{"id":4087829320241190,"authorId":4087829320241190,"name":"CYKuan","avatar":"https://static.tigerbbs.com/76311b881ff149b94a740c81dd3d63de","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":182084543266928,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":12,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}