CMA Discussions With Microsoft Are Still In An Early Stage

gameranx.com:

Microsoft is nearly there when it comes to acquiring Activision Blizzard. This news has been in the headlines for a while now as the company sought to purchase this company for a whopping $69 billion. That’s quite a heap of money, and with anything significant, a series of regulators are heavily looking into the purchase. Of course, we have seen Microsoft get the green light from several regulators worldwide. Likewise, they just came out of a victory in the court system against the FTC. But one regulator that was quick to shoot this deal down was the CMA. 

Since the Microsoft company came out with a big win from the FTC, the CMA was looking to settle the matter. If you don’t recall, Microsoft had since begun the appeal to ensure they could get this deal again in front of the CMA. But now that the FTC lost against Microsoft, the CMA managed to get Microsoft to pause the appeal so they could discuss this purchase once again without the court system getting involved. This only just happened yesterday, and a statement provided by the CMA media officer Billy Proudlock told The Verge that the discussions are still in an early stage.

It’s noted that the CMA is prepared to engage with Microsoft to see how the transaction might be modified. Of course, Microsoft might not be keen on making any significant changes. After all, while the talks might be in that early stage for the CMA, the Microsoft company has been putting in plenty of work. For instance, Microsoft found that the CMA stuck down the deal to acquire Activision Blizzard due to fears of Microsoft gaining too much control in cloud gaming. Since then, Microsoft has started to strike up deals with other competitive cloud gaming providers to open up Microsoft’s line of video