Microsoft preparing to Close the Activision acquisition Regardless of FTC extension: That’s what some New York Post sources have claimed, who point out how prepared the Redmond house is to end the process should the go-ahead come from the CMA and the European Commission.
There seems to be optimism about the decisions of the English and European antitrust authorities, as evidenced by the forecasts of Wedbush analysts: thanks to the work done with the two bodies and the concessions granted to the company.
What about the FTC? Microsoft appears to want to move forward despite the lawsuit and even “make it swallow the acquisition,” said a source familiar with the situation. This is because the commission judge does not have the power to issue an injunction preventing this type of transaction.
“The CMA has been the most stringent regulator over the past few years in tech market operations,” the source told the New York Post, noting that once the commission is convinced, everything else will be easy.
“By law, the FTC needs to raise issues of certain importance to get an injunction, but they need to be heard by a judge,” the source explained. “If Microsoft does a deal with Britain and the EU, the competitive concerns can be said to have been resolved, and if I were a judge, it’s not in the FTC’s favour.”
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