Looks like the CAT review with Microsoft and CMA is over With great progress Activision Blizzard is a good buy for Xbox.
As shared by The VergeA recent ruling aimed at analyzing Microsoft’s request to defer rulings on appeal after Activision blocked its acquisition of Blizzard did not bring the desired advance, as the Redmond giant unveiled the acquisition. Without new analysis from the CMA, What didn’t happen.
Additionally, the CAT sought more time to reconsider the adjournment request and sought fresh documents, and scheduled the next one for Thursday. Two days after Microsoft finalized its merger with Activision Blizzard. However, the agency gave the CMA and Microsoft four to six weeks to negotiate, which will take effect after Thursday’s ruling.
It’s worth remembering that both Microsoft and CMA chose to interference Then “fights” in the Court of Appeals. A recent denial The FTC’s appeal to the US Court of Appeals.
Unfortunately, the deadline for completing the acquisition Tomorrow, and Microsoft aims to maintain a “good relationship” with all regulators, with other major mergers expected to happen in the near future. With this, Activision and Xbox could negotiate to extend the deadline to finalize the acquisition, which was already announced last Saturday.
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