How Microsoft he declared, so he did. Tech giant formally appeals UK antitrust decision SMAwhich blocked a nearly $69 billion takeover of Activision Blizzard.
Court of Appeal for Economic Competition (call to action) will consider whether the CMA decision will be upheld. Successful appeals to this court are rare, though not unprecedented. That’s the opinion of legal expert Alex Huffner of the London-based law firm Fladgate when he was interviewed by IGN.
CMA Xbox teams up with Call of Duty and Diablo publisher blocked due to concerns about its impact on the emerging cloud gaming market. Microsoft called this decision bad for Britain, while Activision Blizzard called it irrational. There were also objections that CMA incorrectly identified market share of cloud computing and incorrectly estimates that Microsoft accounts for 60-70% of global cloud gaming services.
The British Prime Minister himself sided with Microsoft and Activision, and CMA bosses were interrogated by British politicians who demanded an explanation. All this after the acquisition was approved by the European Union.
Where Microsoft is still undecided is in the US. Across the ocean, he is being sued by the Federal Trade Commission. The hearing is scheduled for early August 2023.
Source :Indian TV
