LONDON : The long-running battle between Microsoft and Britain over the Activision Blizzard deal took another twist on Tuesday, raising more questions than answers about the country's approach to deals in the post-Brexit era. Britain's Competition and Markets Authority (CMA) has been locked in a dispute w
LONDON : The long-running battle between Microsoft and Britain over the Activision Blizzard deal took another twist on Tuesday, raising more questions than answers about the country's approach to deals in the post-Brexit era.
The carve-out is designed to not upset a deal with Brussels for Microsoft to license content to rival cloud services. "Some may say that the CMA has bent over backwards to accommodate Microsoft, others that this is the consequence of the CMA having over-reached in the first place," he told Reuters.The CMA had objected to the world's biggest gaming deal over concerns it would hinder competition in the nascent cloud gaming sector, and said that a Microsoft offer to make Activision's games available on rival leading cloud gaming platforms was not enough to remedy its concerns.
"But it's not a clean structural remedy because there's still fundamentally a link between the activities of Microsoft and Ubisoft, and it's limited rights that are being transferred," he said. He said the question must be asked if the time it has taken to get to this point has been well-spent for all parties involved."Few, other than perhaps the CMA, would answer in the affirmative," he said.
The CMA's block in April drew fury from the merging parties, with Microsoft saying that Britain was closed for business.Tom Smith, a partner at law firm Geradin Partners and previously legal director at the CMA, said both sides would portray the outcome as a win, with the CMA securing concessions that no other agency had achieved.
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