![]() market would benefit from Microsoft’s bench strength in both domains, as well as our ability to put those technologies to use immediately. At a time when the fields of machine learning and artificial intelligence are thriving, we know the U.K. hopes to grow its leadership position in technology, and a combined Microsoft-Activision would accomplish exactly that. We’re confident in our case because the facts are on our side: this deal is good for competition. ![]() This isn’t the news we wanted-but it is far from the final word on this deal.Īlongside Microsoft, we can and will contest this decision, and we’ve already begun the work to appeal to the U.K. Today, the Competition and Markets Authority (CMA), a regulatory agency in the U.K., decided not to approve our merger with Microsoft. We’re especially disappointed that after lengthy deliberations, this decision appears to reflect a flawed understanding of this market and the way the relevant cloud technology actually works.”Īctivision Blizzard CEO Bobby Kotick also sent the following email to staff today: ![]() We have already signed contracts to make Activision Blizzard’s popular games available on 150 million more devices, and we remain committed to reinforcing these agreements through regulatory remedies. The CMA’s decision rejects a pragmatic path to address competition concerns and discourages technology innovation and investment in the United Kingdom. “We remain fully committed to this acquisition and will appeal. In response to the Competition and Markets Authority’s decision, Microsoft vice chair and president issued the following statement:
0 Comments
Leave a Reply. |