Microsoft, one of the biggest tech companies in the world, has sought relief from the UK’s Competition Appeal Tribunal (CAT) against the Competition and Markets Authority’s (CMA) decision to block its acquisition of Activision Blizzard in 2022, according to the application reviewed by MediaNama. The company founded by Bill Gates asked the CAT to quash the CMA’s decision in its entirety and direct the authority to pay the cost of its litigation. It must be noted that the European Union approved the acquisition in May this year. Microsoft signed a deal to acquire Activision Blizzard, the developer behind games like Call of Duty and Candy Crush, for $68.7 billion in January 2022. The decision to block the acquisition was taken following concerns that the deal alters the “future of the fast-growing cloud gaming market”. Why it matters: It is important to note how Microsoft is looking to challenge the CMA’s decision because it was a huge setback for Microsoft and Activision. It is said to be the biggest deal in the gaming industry which means there is a lot riding on it. There are a lot of hurdles for Microsoft to cross as even the US has come out against the deal but relief in the UK can augur well for the company. What are the five grounds Microsoft laid down in its challenge? The company has laid down five grounds in its appeal seeking relief. They are as follows: Litany of fundamental errors: Microsoft has argued that the CMA made…
- ONDC September Round-Up: AI, grievance redressal, financial services, Google, exports, and more September 30, 2023
- ‘The Liver Doctor’ X account suspended following defamation case by Himalaya Wellness Corporation September 29, 2023
- Bombay HC to Pronounce Judgment on Fact Check Amendment on December 1st, Stay on Notification to Continue Until Then September 29, 2023
- Here’s how web publishers can opt out of Google crawlers scraping website data to train AI models September 29, 2023
- Parliament Standing Committee Calls For A Monitoring Group To Check Technological Readiness For Digital Education Projects September 29, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...
Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.
Straw man fallacy: IT Ministers’ defence of government exemptions in data protection law misses the point
Both the IT Minister and the IT Minister of State have chosen to avoid the actual concerns raised, and have instead defended against lesser...
The Central Board of Film Certification found power outside the Cinematograph Act and came to be known as the Censor Board. Are OTT self-regulating...
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...