CMA blocks MS /ABK merger (Update: UK gov smears the CMA)

[LurkerJ]

Blood_Tears said:

LurkerJ said:

"One of the reasons that companies like Microsoft and Google want to invest in the UK is because we have independent regulators that aren't controlled by politicians," Jeremy Hunt told a business conference. "I would not want to undermine that at all, but I do think it's important all our regulators understand their wider responsibilities for economic growth". 

In other words: "I wouldn't want to interfere with their independence, but I will". Brazen. 

The next line though of "But for our tech sector, it isn’t just about being able to get through big deals, competition really matters.”   

And imo that's what CMA is trying to do, protect the competition for this fast and up coming cloud market. So I really don't believe he will interfere in this. Nut we'll see.  

I think the fact that's the government is now parroting MS/ABK the baseless narrative about this deal about "growth" says a lot really. Sunak echoed the same exact narrative as well, we will get the an idea about how they plan to "steer" an independent body very soon. Steering an independent body is an oxymoron.