Investors everywhere loving the news, Lol.
Flying under the radar but MS continues to hold up to their promises. Xbox games making their way to Boosteroid.
Buckle up, gamers!
— Boosteroid Cloud Gaming (@Boosteroid_main) July 11, 2023
Dive into the epic world of Xbox game GEARS 5 with Boosteroid! The intense battles, mind-blowing graphics, and captivating storyline have us hooked from the very start! Gear up and join the fight against evil. 🔫
Are you ready to unleash your inner hero?… pic.twitter.com/8x782DEmrd
| gtotheunit91 said: Flying under the radar but MS continues to hold up to their promises. Xbox games making their way to Boosteroid.
|
BUT BOOSTEROID IS FROM UKRAINE!!!! - FTC.
| Ryuu96 said: Now we see if Microsoft was bluffing about the UK. Part of me hopes they were because it would be hilarious if they were bluffing and FTC fell for it. Imo, they will make a 3-4 month extension and go through the CAT, I don't see them closing over the UK, I think it was a bluff. UK is now the only regulator in the world standing in the way of this acquisition. |
Hard to say, the CMA did issue a prohibition for MS to purchase ABK completely or partially but IDK if that's as a direct result of their block, meaning the ongoing CAT appeal also challenges this injunction and prevents it to become effective until the resolution of the case or not.
Other than that closing over ongoing processes is normally accepted with a hold separate agreement which MS actually intends to do anyway.
I have a feeling that (if the CMA injunction is not actually effective) MS is gonna merge on the last day of their original agreement stating no regulations have proven wrongdoing in the more than adequate time window they've given them (the CAT appeal essentially putting a hold on the CMA decision).
Microsoft says its attention turns to the UK regarding the Activision acquisition: "While we ultimately disagree with the CMA’s concerns, we are considering how the transaction might be modified in order to address those concerns in a way that is acceptable to the CMA"
— Christopher Dring (@Chris_Dring) July 11, 2023
BREAKING: Microsoft, Activision Blizzard and the UK CMA are asking the UK CAT to pause litigation.
— Klobrille (@klobrille) July 11, 2023
The parties are now trying to find a solution behind the scenes. pic.twitter.com/hcbTSy3lO0
Is the CMA about to cave to pressure?!?!
EC: passes it.
CMA: Eh you're wrong.
FTC: case fails
CMA: Okay, we're willing to talk.
"In order to be able to prioritise work on these proposals, Microsoft and Activision have agreed with the CMA that a stay of litigation in the UK would be in the public interest and all parties have made a joint submission to the Competition Appeal Tribunal to this effect."
— Jordan Novet (@jordannovet) July 11, 2023
| the-pi-guy said: EC: passes it. CMA: Eh you're wrong. FTC: case fails CMA: Okay, we're willing to talk.
|
Is the CMA about to screw UK gamers by accepting a proposal of no ABK titles in Game Pass or xCloud in UK? Lmao.
Last edited by Ryuu96 - on 11 July 2023
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