cma

Microsoft-Activision Blizzard Deal Approval Again in Hands of UK’s CMA

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[ad_1] Microsoft’s Activision Blizzard deal is back in the hands of Britain’s antitrust regulator after an appeals court granted an adjournment, and the grounds for why the UK should reconsider its block on the US software giant’s takeover were published. The Competition and Markets Authority (CMA) set out on Friday Microsoft’s arguments for the reconsideration, … Read more

Activision Blizzard, Microsoft Extend $69 Billion Deal Deadline to October 18

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[ad_1] Activision Blizzard said on Wednesday it has extended the deadline for the close of its $69 billion (roughly Rs. 5,66,200 crore) takeover by Microsoft to October 18 as the companies work to secure approval from the United Kingdom’s antitrust authority. The “Call of Duty” publisher said the companies also agreed to increase the deal termination … Read more

Microsoft’s Appeal Against UK Block on Activision Deal Paused for Two Months by London Tribunal

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[ad_1] Microsoft’s appeal against Britain’s block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard was formally paused by a London tribunal on Monday, to give the parties more time to resolve the dispute. Microsoft, Activision, and Britain’s competition regulator, the Competition and Markets Authority (CMA), had all asked for a two-month … Read more

Microsoft Asks London Court for Two-Month Pause of Appeal Over Activision Deal

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[ad_1] Microsoft on Monday asked a London tribunal to pause its appeal against Britain’s block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard to give the parties more time to resolve the dispute. Britain’s competition regulator, the Competition and Markets Authority (CMA), in April became the first major regulator to block … Read more

Britain’s Antitrust Watchdog Announces In-Depth Probe of Adobe’s $20 Billion Figma Deal

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[ad_1] Britain’s antitrust regulator on Thursday announced an in-depth probe of Adobe’s $20 billion (roughly Rs. 1,64,216 crore) bid for cloud-based designer platform Figma, after the Photoshop owner said it would not offer any remedies to ease the regulator’s concerns. The Competition and Markets Authority (CMA) said late last month it had found the deal … Read more

Amazon Gets UK CMA Clearance for $1.7 Billion Roomba-Maker iRobot Acquisition

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[ad_1] Britain’s competition regulator on Friday cleared Amazon’s planned $1.7 billion (roughly Rs. 13,900 crore) acquisition of iRobot, maker of the Roomba vacuum cleaner. The Competition and Markets Authority (CMA) said it had concluded that the deal would not lead to competition concerns in the UK. “We’re pleased with the UK Competition and Markets Authority’s decision and … Read more

Activision Blizzard Gets Permission to Intervene in Microsoft’s Legal Battle Against UK Regulator

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[ad_1] Call of Duty maker Activision Blizzard has been given permission to intervene in Microsoft’s legal battle with Britain’s anti-trust regulator over its decision to block the $69 billion (nearly Rs. 5,71,730 crore) takeover. Microsoft is appealing against the Competition and Markets Authority’s (CMA) decision to veto the deal, which it did in April on … Read more