The tentative date for the official appeal hearing was set by the UK's Competition Appeal Tribunal by the judge, the Honourable Mr. Justice Marcus Smith, during a case management conference today.
Competition and markets authority RSS
Microsoft has several specific points it will raise to the CMA's Competition Appeal Tribunal to show why its decision to block its purchase of Activision Blizzard should be overturned.
The appeal was made to the CMA's Competition Appeal Tribunal by Microsoft, but it's currently unknown how long the group will take to make a decision on whether or not to overturn the ruling.
Shutterstock has agreed to acquire GIPHY for $53 million from Meta after a UK regulator forced the sale. Meta is taking a huge loss as a result of the sale as it paid around $400 million for GIPHY.
The UK's Competition and Markets Authority has issued a response to the EU's approval of Microsoft's purchase of Activision Blizzard, and it's clear the two groups have different cloud gaming views.
The UK Competition and Markets Authority regulator has banned Microsoft and Activision Blizzard from acquiring an interest in each other's companies without the CMA's prior approval.
The Competition and Markets Authority is launching its initial review into generative AI to see how it could affect competition or affect consumers. It'll publish a report in September.
Ukraine's Antimonopoly Committee has given its approval for Microsoft to purchase Activision Blizzard for $69 billion, even as the UK's regulatory authority rejected the deal earlier this week.
Activision Blizzard CEO Bobby Kotick has been doing the media rounds today. He said the UK's CMA had made a mistake to block the acquisition by Microsoft and said the company will appeal.
In an interview with the BBC, Microsoft President Brad Smith said this week's decision to block its Activision Blizzard purchase makes the EU "a more attractive place to start a business" than the UK.
While Microsoft's stock price seems to be unaffected by today's news of the UK's rejection of its purchase of Activision Blizzard, the game publisher is suffering from a major stock downturn.
Microsoft President Brad Smith said that the company remains "fully committed to our acquisition" of Activision Blizzard and said it was "especially disappointed" with today's CMA decision.
The UK Competition and Markets Authority has decided that Microsoft's deal to buy Activision Blizzard "would damage competition in the Cloud Gaming market" and has rejected the $69 billion acquisition
Ofcom has proposed that the competition watchdog in the UK investigate cloud providers like Microsoft and Amazon AWS to see if they're engaged in anti-competitive practices after it noticed issues.
The UK Competition & Markets Authority's provisional conclusion says Microsoft's acquisition of Activision Blizzard "will not result in a substantial lessening of competition" for UK console gaming.
The UK Competition and Markets Authority said the deal could result in higher prices and fewer choices for gamers. It did offer some ideas to Microsoft and Activision Blizzard to address its issues,
The UK Competition and Markets Authority (CMA) has kicked off an investigation into Broadcom's $61 billion acquisition of VMware. Results of Phase 1 are expected after a couple of months.
The UK's CMA has found that intervention on its part is unlikely to boost the incomes of smaller artists that release music on streaming platforms. It said the government may be able to do something.
Microsoft has admitted that Sony has better exclusives for the PlayStation than Microsoft has for Xbox. It said this in a document as it tries to get the CMA's approval for the Activision deal.