Machiavellian said:
I know that the UK can block the deal, I am saying that how can they block the deal because of something that does not exist in their boarder. That would setup a war of attrition where each country can basically do the same and thus when a large UK company wants to purchase a company, in retaliation another country can impose world wide conditions to block the deal. Also, I would believe that the CMA would need to prove that if cloud services outside of UK boarders has a effect on their own market with this particular deal. Its one thing to make claims, its another to provide concrete proof which I would expect to be the bar if it goes to CAT. Like I stated, I have no real clue how UK courts work but if that is not the bar than yeah, the CMA has way to much power and the domino effect may not be what they are looking for. The second step that MS can do is just comply with all the conditions the CMA stated was lacking in their agreements. The other thing I wonder but not sure is could MS just leave the console business in the UK. I know the UK is a sizeable chunk of MS console business but it would be interesting if MS value this deal more than the UK market. Not sure if that works but MS has expand to more regions then they have before and thus could see making up the difference. |
I think this logic is a little strange to me.
You clearly understand that a country can block a deal that technically concerns global affairs, but you don't seem to think it's reasonable for them to do so explicitly for those reasons.
I would throw out there, that other countries do have laws that make it harder or prevent other countries from investing in certain areas. Even the stuff that you are concerned about does exist. Like the US basically banned companies in Taiwan, Japan from selling new microchip technology with China. It tends to be more related to high security domains.
It's not quite the same scenario, but plenty of countries do have laws preventing companies from other countries in investing in them.