Microsoft challenges UK Competition Authority’s block on Call of Duty deal, presents strong argument for merger approval
Last week, Microsoft lodged an appeal against the UK’s Competition and Markets Authority (CMA) ruling that blocked its $69 billion agreement with Activision Blizzard, the creator of Call of Duty. Microsoft has subsequently submitted a summarized argument to the Competition Appeal Tribunal (CAT), contesting the CMA’s evaluation of the merger.
Microsoft has presented its case against the CMA’s analysis, claiming that it contains significant mistakes. The company intends to bring in four expert witnesses to support its request for a judicial review.
In a report by The Verge, Microsoft highlighted the CMA’s alleged oversight in assessing the potential for transitioning between cloud gaming and native gaming, as well as their incorrect definition of the cloud gaming market.
The technology giant has outlined five points of appeal and claims that the CMA has committed four errors in its conclusions regarding Microsoft’s restriction of rival access to Activision games. The company further accuses the UK’s antitrust regulator of being an international “exception” for its decision to block the merger.
The hearing for the Microsoft Activision Blizzard acquisition case is scheduled to take place between July 24 and July 31. Microsoft has requested a four-day hearing, preferably starting from July 17. The US Federal Trade Commission (FTC) will begin an evidentiary hearing on August 2. New Zealand’s deadline for making a decision on the matter is set for June 9.
Those who do not know, South Korea has joined the growing list of countries approving the Microsoft Activision deal. The country’s Fair Trade Commission has granted its approval, marking the 38th nation to endorse the merger. Additionally, China had previously given its approval on May 22.
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Updated: 31 May 2023, 10:55 AM IST
Last week, Microsoft lodged an appeal against the UK’s Competition and Markets Authority (CMA) ruling that blocked its $69 billion agreement with Activision Blizzard, the creator of Call of Duty. Microsoft has subsequently submitted a summarized argument to the Competition Appeal Tribunal (CAT), contesting the CMA’s evaluation of the merger.
Microsoft has presented its case against the CMA’s analysis, claiming that it contains significant mistakes. The company intends to bring in four expert witnesses to support its request for a judicial review.
In a report by The Verge, Microsoft highlighted the CMA’s alleged oversight in assessing the potential for transitioning between cloud gaming and native gaming, as well as their incorrect definition of the cloud gaming market.
The technology giant has outlined five points of appeal and claims that the CMA has committed four errors in its conclusions regarding Microsoft’s restriction of rival access to Activision games. The company further accuses the UK’s antitrust regulator of being an international “exception” for its decision to block the merger.
The hearing for the Microsoft Activision Blizzard acquisition case is scheduled to take place between July 24 and July 31. Microsoft has requested a four-day hearing, preferably starting from July 17. The US Federal Trade Commission (FTC) will begin an evidentiary hearing on August 2. New Zealand’s deadline for making a decision on the matter is set for June 9.
Those who do not know, South Korea has joined the growing list of countries approving the Microsoft Activision deal. The country’s Fair Trade Commission has granted its approval, marking the 38th nation to endorse the merger. Additionally, China had previously given its approval on May 22.
Catch all the Technology News and Updates on Live Mint.
Download The Mint News App to get Daily Market Updates & Live Business News.
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Updated: 31 May 2023, 10:55 AM IST
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