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Ryuu96 on 19 April 2023
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Idas Said:

“Exceptional” CMA Move Aims to Mitigate Appeal Risk in Microsoft/Activision Blizzard Merger, Say Lawyers | Equity Report

- Final report coming on April 26th or the day before.

- The addendum to the PF, something “exceptional” and “very unusual”, was probably done to mitigate the risk of a third party (Sony) questioning the final decision. The CMA could have just dropped the theory of harm but without a detailed explanation about the change, that could have opened the door to a complaint about procedural irregularities.

- One lawyer expects the CMA to impose behavioural remedies.

- The same lawyer believes that an appeal by Sony is unlikely to succeed.

Last edited by Ryuu96 - on 19 April 2023