{"id":642488,"date":"2023-04-28T10:06:23","date_gmt":"2023-04-28T15:06:23","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/28\/microsoft-fails-to-get-cma-thumbs-up-on-activision-deal\/"},"modified":"2023-04-28T10:06:23","modified_gmt":"2023-04-28T15:06:23","slug":"microsoft-fails-to-get-cma-thumbs-up-on-activision-deal","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/28\/microsoft-fails-to-get-cma-thumbs-up-on-activision-deal\/","title":{"rendered":"Microsoft fails to get CMA thumbs-up on Activision deal"},"content":{"rendered":"<div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.computerweekly.com\/visuals\/German\/article\/ethics-morals-4-adobe_searchsitetablet_520X173.jpg\" data-credit=\"MarekPhotoDesign.com - stock.ado\"  width=\"520\" height=\"173\" alt><\/p>\n<p>MarekPhotoDesign.com &#8211; stock.ado<\/p>\n<\/p><\/div>\n<div id=\"content-header\">\n<h2>The UK Competition and Markets Authority has decided that Microsoft\u2018s proposed $68.7bn acquisition of Activision would damage the cloud gaming market<\/h2>\n<\/div>\n<div id=\"content-center\">\n<ul>\n<li><i data-icon=\"1\"><\/i><\/li>\n<li><i data-icon=\"2\"><\/i><\/li>\n<\/ul>\n<div id=\"contributors-block\">\n<p>\n\tPublished: <span>27 Apr 2023 15:11<\/span>\n<\/p>\n<\/div>\n<section id=\"content-body\">\n<p>Microsoft\u2019s $68.7m acquisition of Activision Blizzard is in jeopardy after the UK\u2019s <a href=\"https:\/\/www.computerweekly.com\/news\/252493327\/CMA-sets-out-plan-to-regulate-technology-giants\">Competition and Markets Authority (CMA)<\/a> objected to the purchase.<\/p>\n<p>The acquisition was seen by many as Microsoft\u2019s attempt to establish a <a href=\"https:\/\/www.computerweekly.com\/news\/252512557\/Microsoft-uses-Q2-2022-earnings-to-delve-into-Metaverse\">viable business proposition in the metaverse<\/a>. The setback in the UK leaves questions over whether the deal can go through, and if other regulators decide in favour of the acquisition, how Microsoft\u2019s 40-year-old business in the UK will fare.<\/p>\n<p>The decision to prevent the deal follows an extensive inquiry into the acquisition, which raised concerns over the dominance of Microsoft in the emerging cloud gaming market. The CMA said Microsoft\u2019s proposed solution failed to effectively address the concerns in the cloud gaming sector, outlined in its provisional findings published in February.<\/p>\n<p>Martin Coleman, chair of the independent panel of experts conducting the investigation, said: \u201cGaming is the UK\u2019s largest entertainment sector. Cloud gaming is growing fast, with the potential to change gaming by altering the way games are played, freeing people from the need to rely on expensive consoles and gaming PCs and giving them more choice over how and where they play games. This means it is vital that we protect competition in this emerging and exciting market.\u201d<\/p>\n<p>Speaking to the <a href=\"https:\/\/www.bbc.co.uk\/sounds\/play\/m001l99b\">BBC, CMA CEO Sarah Cardell<\/a> said: \u201cI think this decision shows how important it is to support competition in the UK. The UK is absolutely open for business. We want to create an environment where a whole host of different companies can compete effectively, can grow and innovate.\u201d<\/p>\n<p>She described the CMA\u2019s decision as \u201cthe best thing for UK consumers and the best thing for UK businesses\u201d.<\/p>\n<p>Tweeting about the CMA\u2019s decision, Microsoft president Brad Smith wrote: \u201cWe remain fully committed to this acquisition and will appeal. The CMA\u2019s decision rejects a pragmatic path to address competition concerns and discourages technology innovation and investment in the United Kingdom.\u201d<\/p>\n<blockquote>\n<div>\n<figure>\n   \u201cThis decision shows how important it is to support competition in the UK. We want to create an environment where a whole host of different companies can compete effectively, can grow and innovate\u201d<br \/>\n  <\/figure><figcaption>\n   <strong>Sarah Cardell, CMA<\/strong><br \/>\n  <\/figcaption><\/div>\n<\/blockquote>\n<p>In an interview with the BBC, Smith was asked about other regulators, such as the <a href=\"https:\/\/www.techtarget.com\/searchcio\/news\/252528606\/FTC-pushes-antitrust-enforcement-power-heading-into-2023\">US Federal Trade Commission (FTC)<\/a> and the European Union Anti Competition Authority, both of which are looking at the deal.<\/p>\n<p>Smith said: \u201cThe FTC and the US raised issues and we\u2019ve been working to address them, but in the meantime, governments around the world have approved this deal, and what is most striking to me is that the English Channel has never seemed wider.\u201d<\/p>\n<p>He described Brussels as \u201ca place where one can sit down and actually have a conversation with the regulators who are accountable to the elected leaders\u201d. Smith referred to the UK regulators as \u201cnot only unelected, but unaccountable\u201d.<\/p>\n<p>He went on to describe the CMA\u2019s decision as \u201cfundamentally unwise\u201d and urged the UK government to look at the role of the CMA, which, in his opinion, has damaged the UK\u2019s reputation as a place to invest in technology innovation.<\/p>\n<p>\u201cI have already heard from a great many around the world. People are shocked. People are disappointed. And people\u2019s confidence in technology in the United Kingdom has been severely shaken,\u201d he told the BBC.<\/p>\n<\/section>\n<section id=\"DigDeeperSplash\">\n<h4>\n\t\t\t<i data-icon=\"m\"><\/i>Read more on Cloud applications<\/h4>\n<ul>\n<li><a id=\"DigDeeperItem-1\" href=\"https:\/\/www.computerweekly.com\/news\/365534827\/Government-launches-Smart-Data-Council-to-lower-utility-bills\"><br \/>\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/HeroImages\/London-Westminster-Houses-of-Parliament-exflow-adobe_searchsitetablet_520X173.jpg\" srcset=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/HeroImages\/London-Westminster-Houses-of-Parliament-exflow-adobe_searchsitetablet_520X173.jpg 960w,https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/HeroImages\/London-Westminster-Houses-of-Parliament-exflow-adobe.jpg 1280w\" alt ><\/p>\n<h5>Government launches Smart Data Council to lower utility bills<\/h5>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/rms\/lis pic.jpeg\" alt=\"LisEvenstad\">\n\t\t\t\t\t\t\t\t\t<\/p>\n<p><span>By: <span>Lis\u00a0Evenstad<\/span><\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<p>\t\t\t\t<\/a><\/li>\n<li><a id=\"DigDeeperItem-2\" href=\"https:\/\/www.computerweekly.com\/news\/365534995\/UK-emergency-services-overcharged-by-200m-a-year-for-comms-network\"><br \/>\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero Images\/NHS-ambulance-emergency-health-Chalabala-adobe_searchsitetablet_520X173.jpg\" srcset=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/NHS-ambulance-emergency-health-Chalabala-adobe_searchsitetablet_520X173.jpg 960w,https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/NHS-ambulance-emergency-health-Chalabala-adobe.jpg 1280w\" alt ><\/p>\n<h5>UK emergency services overcharged by \u00a3200m a year for comms network<\/h5>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/rms\/computerweekly\/Joe-OHalloran-2022-140x180px.jpg\" alt=\"JoeO\u2019Halloran\">\n\t\t\t\t\t\t\t\t\t<\/p>\n<p><span>By: <span>Joe\u00a0O\u2019Halloran<\/span><\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<p>\t\t\t\t<\/a><\/li>\n<li><a id=\"DigDeeperItem-3\" href=\"https:\/\/www.computerweekly.com\/news\/365534051\/CMA-deepens-probe-into-VMware-Broadcom-merger-over-concerns-it-could-hike-server-prices-in-UK\"><br \/>\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero Images\/financial-results-data-analytics-adobe_searchsitetablet_520X173.jpg\" srcset=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/financial-results-data-analytics-adobe_searchsitetablet_520X173.jpg 960w,https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/financial-results-data-analytics-adobe.jpg 1280w\" alt ><\/p>\n<h5>CMA deepens probe into VMware-Broadcom merger over concerns it could hike server prices in UK<\/h5>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/rms\/computerweekly\/Caroline-Donnelly-CW-contributor-2022-140x180px.JPG\" alt=\"CarolineDonnelly\">\n\t\t\t\t\t\t\t\t\t<\/p>\n<p><span>By: <span>Caroline\u00a0Donnelly<\/span><\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<p>\t\t\t\t<\/a><\/li>\n<li><a id=\"DigDeeperItem-4\" href=\"https:\/\/www.computerweekly.com\/news\/252529479\/UK-government-reveals-further-ESN-contract-details\"><br \/>\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero Images\/Firefighter-fire-emergency-services-adobe_searchsitetablet_520X173.jpg\" srcset=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/Firefighter-fire-emergency-services-adobe_searchsitetablet_520X173.jpg 960w,https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/Firefighter-fire-emergency-services-adobe.jpg 1280w\" alt ><\/p>\n<h5>UK government reveals further ESN contract details<\/h5>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/rms\/computerweekly\/Joe-OHalloran-2022-140x180px.jpg\" alt=\"JoeO\u2019Halloran\">\n\t\t\t\t\t\t\t\t\t<\/p>\n<p><span>By: <span>Joe\u00a0O\u2019Halloran<\/span><\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<p>\t\t\t\t<\/a><\/li>\n<\/ul>\n<\/section>\n<\/div>\n<p><a href=\"https:\/\/www.computerweekly.com\/news\/365535491\/Microsoft-fails-to-CMA-thumbs-up-on-Activision-deal\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Camellia Grumbles<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MarekPhotoDesign.com &#8211; stock.ado The UK Competition and Markets Authority has decided that Microsoft\u2018s proposed $68.7bn acquisition of Activision would damage the cloud gaming market Published: 27 Apr 2023 15:11 Microsoft\u2019s $68.7m acquisition of Activision Blizzard is in jeopardy after the UK\u2019s Competition and Markets Authority (CMA) objected to the purchase. The acquisition was seen by<\/p>\n","protected":false},"author":1,"featured_media":642489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2032,78,46],"tags":[],"class_list":{"0":"post-642488","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fails","8":"category-microsoft","9":"category-technology"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/642488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=642488"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/642488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/642489"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=642488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=642488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=642488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}