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G2ThaUNiT on 26 April 2023

Aw man, what terrible news and completely negates any audit that was recently performed…….

I think I’m going to have Peking duck tonight



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Spade on 26 April 2023

LMAO Phil Spencer just chilling on Pillar of Eternity  

Not like he has much he can do.. kinda goes above him.



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Ryuu96 on 26 April 2023

CMA had bad data on the Console Gaming Market which caused them to remove the SLC so that Microsoft couldn't appeal to CAT.

But by everything I'm looking at here, from analysts, lawyers and those who actually monitor the markets (I.E. NPD), they clearly have bad data on the Cloud Gaming Market too.

I think a CAT appeal has a decent shot of succeeding but it doesn't mean CMA will change their decision.

Apparently 67% of appeals still end up with the CMA making the same decision. So that puts Microsoft's odds at 33% + Flimsy data.



Spade on 26 April 2023
gtotheunit91 said:

Aw man, what terrible news and completely negates any audit that was recently performed…….

I think I’m going to have Peking duck tonight

Oh hell no, you not getting out of this pimp. 

You gettin @  ed again tonight once this dies down. 

What did Ryuu say also? 10,000 posts if the deal is blocked



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Ryuu96 on 26 April 2023

Idas Said:

New report from MLex:

- Microsoft remains "fully committed to this acquisition and will appeal."

- MS says that: The CMA's decision rejects a pragmatic path to address competition concerns and discourages technology innovation and investment in the United Kingdom“. "We have already signed contracts to make Activision Blizzard's popular games available on 150 million more devices, and we remain committed to reinforcing these agreements through regulatory remedies." "We're especially disappointed that after lengthy deliberations, this decision appears to reflect a flawed understanding of this market and the way the relevant cloud technology actually works."

- ABK said the CMA decision "contradicts the ambitions of the UK to become an attractive country to build technology businesses." "We will work aggressively with Microsoft to reverse this on appeal," it said, calling the regulator's conclusions "a disservice to UK citizens, who face increasingly dire economic prospects."

- Activision also said it would "reassess our growth plans for the UK," and the UK was "clearly closed for business."

To the CAT we go!



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Imaginedvl on 26 April 2023
Imaginedvl said:
Ryuu96 said:

If it gains European approvals, Microsoft’s plan is to quickly close its merger of the “Call of Duty” maker for $95 a share, the source said.

They aren't waiting on China? Interesting and worth the 'risk' Imo. Looks like they're aiming to close this deal in May.

Must be really optimistic about the CMA. Very happy they're closing over the FTC, lets get this shit done!

My bank account is ready!

Well :) Looks like I will probably sell today... At least I will make probably half of what I would have done with the sale but now this is really too much at risk for me to take risk ...

That 95$ per share would have been so sweet tho!



G2ThaUNiT on 26 April 2023

Talk about icing on the cake for what was a shit night for me lol. I’ll just say I’m never having pei wei again.

Of all the reasons I thought the CMA would block the deal, this wasn’t it lol. Whenever you’re able to make a decision and the only means to appeal is to essentially tell the exact same group to do it again, shows that body has WAY too much power and too little oversight. And for a region of gaming that is very much in its infancy.

That means the CMA won’t allow any deal from happening for at least the next decade if it involves cloud gaming lol.



Spade on 26 April 2023

Just pull out of the UK.



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G2ThaUNiT on 26 April 2023
Spade said:
gtotheunit91 said:

Aw man, what terrible news and completely negates any audit that was recently performed…….

I think I’m going to have Peking duck tonight

Oh hell no, you not getting out of this pimp. 

You gettin @  ed again tonight once this dies down. 

What did Ryuu say also? 10,000 posts if the deal is blocked

Hell yeah! Let’s make it happens pimps!!!!



KiigelHeart on 26 April 2023
Ryuu96 said:
KiigelHeart said:

Tbh I think this isn't over yet and if I was into gambling I'd still put my money on this deal eventually happening. Though UK seems a bit strange.

UK been f*cking strange for over 10 years now, Lol.

Literally everything is failing in this country.

It's definitely not over yet, Microsoft has already said they're appealing to CAT, and if we were guided by logic and facts, I would also put money on it with you, but the fact is that CAT often sides with CMA and has to find that CMA has acted "irrational" to side against them and even if they do side against CMA, they simply tell CMA to make another decision, the same CMA acting irrationally, which can be another block. I don't actually know how many appeals a company is allowed either, I don't imagine Microsoft can just keep appealing to CAT over and over until they get the decision that they want.

What I have read though, is that CMA appeals are a lot shorter than EC ones (EC appeals can sometimes take years), and due to the size of the deal, Microsoft can expedite the appeal process, I'd be surprised if this deal is over this year now though, Microsoft will have to re-negotiate with Activision-Blizzard on the closure date and now they might as well wait for the FTC process to play out.

CMA already changed their mind about console market already and they expect an appeal of course. I think they'll work out something with cloud concerns too and CMA ends up looking strong even if they eventually approve.

Not everything in UK is failing thought. Beans on toast didn't! Just tried it last week at a hotel breakfast, it looked awful but taste was quite good. Would've been better if those beans weren't flavored with dill. Fuck dill, it's the CMA of herbs.