UK chancellor wags his finger at CMA after Activision acquisition block, urging it to 'understand its wider responsibilities'

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The UK government has talked up Britain as 'the next Silicon Valley,' so they're probably not super-keen on angering the world's tech titans.

European Union goes and approves the deals

the CMA rejects, prompting key business figures like Microsoft's Brad Smith to loudly declare that"the European Union is a more attractive place to start a business than the United Kingdom".if they"consider the implications of [their] decisions … for the UK's international reputation as a place to do business".

of the CMA decision. In theory, that appeal is only meant to be about whether the CMA followed the proper decision-making procedure when it made its judgement—the actual merit of the decision itself isn't meant to be under consideration—but it's hard to imagine pressure from the government and other antitrust enforcers havingSign up to get the best content of the week, and great gaming deals, as picked by the editors.

 

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Microsoft's Activision acquisition approved by the European CommissionIn an interesting turn of events, the European Union Commission has approved Microsoft's proposed takeover of Activision, despite the deal being blocked by the UK Competition & Markets Authority last month.
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