UK watchdog defends Microsoft block in face of onslaught from companies

  • 📰 Reuters
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The boss of Britain's antitrust regulator said blocking Microsoft's acquisition of 'Call of Duty' maker Activision Blizzard was the right decision for the UK after both companies said it sent the wrong message to the global tech industry.

on Wednesday, saying it could hit competition in the nascent cloud gaming market.

"If the government of the United Kingdom wants to bring in investment, if it wants to create jobs it needs to look hard at the role of the CMA, the regulatory structure in the United Kingdom, this transaction, and the message that the United Kingdom has just said to the world," he told BBC radio. But CMA Chief Executive Sarah Cardell said the regulator's role was to make sure Britain was a competitive environment for businesses to be able to grow and thrive.

Asked if the British government could override the block if it thinks it is damaging to the country, she said the CMA acted independently and it was accountable for its decision.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 2. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

UK regulators block Microsoft’s $68.7B acquisition of Call of Duty developerBREAKING: The United Kingdom’s antitrust regulator blocked Microsoft’s acquisition of one of the world’s largest video game developers, a major win for antitrust enforcers.
Sumber: dcexaminer - 🏆 6. / 94 Baca lebih lajut »

Britain blocks Microsoft's $69 billion acquisition of Activision BlizzardBritain's top competition regulator on Wednesday moved to block Microsoft's acquisition of video game publisher Activision Blizzard.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Activision Blizzard pre-releases earnings after Britain blocks Microsoft deal'Call of Duty' maker Activision Blizzard beat quarterly bookings estimates on Wednesday, as it reported results a day earlier to allay concerns about its business after Britain blocked its $69 billion buyout by Microsoft Corp .
Sumber: Reuters - 🏆 2. / 97 Baca lebih lajut »

Microsoft said AI 50 times on its earnings call - Wall Street is thrilledMicrosoft mentioned artificial intelligence 50 times on its earnings call and Wall Street is thrilled
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »