Microsoft’s Activision deal could face a new merger investigation in the UK | VGC

  • 📰 VGC_News
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The UK’s Competition and Markets Authority has warned it may need to carry out a fresh investigation into Microsoft’s planned merger with Activision Blizzard

The watchdog said it was ready to consider any proposals from Microsoft to restructure the transaction in a way that would address the concerns that led to it blocking the deal initially., the regulator said a restructured deal proposal could require a fresh investigation.

The CMA has a statutory deadline of 40 working days in which to finish the initial stage of its merger review process , meaning a fresh investigation would be unlikely to be completed before next week’s dead deadline. In a research note to investors, Wedbush Securities analysts Nick McKay and Michael Pachter predicted Microsoft will complete the deal before next week’s deadline.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 125. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CMA open to 'new merger investigation' if Microsoft restructures Activision Blizzard dealThe UK's Competition and Markets Authority (CMA) has suggested a 'new merger investigation' could be on the horizon.
Source: eurogamer - 🏆 68. / 61 Read more »

CMA warns of potential 'new merger investigation' over Activision Blizzard dealThe UK's Competition and Markets Authority (CMA) has warned that Microsoft's Activision Blizzard deal could face a fresh merger investigation.
Source: TrueAchievement - 🏆 31. / 68 Read more »