Although the world is increasingly globalizing, with large companies operating in every country and region of the world, states still have the power to oppose operations they consider harmful to their interests or internal markets. This is the case with the decision of the UK Competition and Markets Authority (CMA), which blocked Microsoft’s purchase of Activision Blizzard a few weeks ago, opening up a landscape of unpredictable consequences.
In particular, there is skepticism among analysts and the public about what will happen if the acquisition receives a final green light in the United States, where it has been paralyzed by the Federal Trade Commission since December, and the Redmond technology giant The company has failed to reverse this. CMA’s decision, even more so after receiving approval from the European Commission this week.
In this regard, they wanted to ask Microsoft Chairman and CEO Satya Nadella in a recent interview with the American CNBC. your answer? A bit enigmatic: “We’ll see how this all unfolds.” “The fundamental logic of this deal to bring more competition and more opportunities for publishers and players still holds true. Of course, we respect UK sovereignty and the CMA does what is good. [para ellos],
Objective: To reverse the decision of the CMA
As such, Microsoft prefers to wait for events, but its response to such a possibility can be seen as a warning to seafarers. However, big tech’s main priority is to overturn the CMA’s decision, which is why they have hired one of the best lawyers around to address these matters. Also, body opinion from London doesn’t bode well either.
Recall that Microsoft bought Activision Blizzard in January 2022 for close to $70,000 million, thus seeking to gain control of a strong IP catalog where Call of Duty stands out due to its source of income and importance in the console market , while at the same time ensuring more strength to become an important mobile company.