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Today was mostly a win for Microsoft, they mostly got what they wanted with a few exceptions and we got an insight into one of CAT's judges who as of right now seems to not be convinced by CMA's arguments, things can change between now and then, it's CMA's job to convince him now and there are two other CAT judges we don't know about yet. Beard sounds like a legendary lawyer too.

Based on today's events, I'm feeling slightly more optimistic, I'd say about 15% of the deal closing

Microsoft and Activision-Blizzard WILL have to re-negotiate now, the next hurdle is now coming to new terms, will Activision-Blizzard get greedy and demand a lot more? Will Microsoft not be willing to pay it? We'll see but there is a chance that the deal could die on re-negotiations, I would lean towards it not though but Microsoft will likely have to fork out more cash.

Last edited by Ryuu96 - on 30 May 2023