That’s good to hear. Let us hope the CMA and EU approve and give closure to this.
CMA draft on the 18th and EU by March or April I believe
Yup Microsoft is calling the FTC’s bluff, they have no intention of taking it to federal court which is why suddenly they’re “open to talking about settlements”
Whatever, let MS give the FTC their participation trophy, the deal closing by July is now all but assured
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Wanted to see if anyone knows. If Microsoft-Activision close the deal and the FTC doesnt sue (or isnt successful), do they continue their administrative process?
for those that interested
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Probably in the FTC interest to drag it out in the hopes of some new legislation that they can use to eventually sue MS in court with.
MS needs to pro-actively sue once the Axon vs FTC decision is finished.
Likely harder to force a divesture using new legislation if the merger was already approved via the federal court under old laws.
From what Hoeg said in his earlier podcasts, if the FTC loses in federal court, then the merger is essentially deemed legal and can’t be revisited.
Either way, if it closes, Microsoft would begin to put COD on other devices, which defeats the arguments laid forth by regulators (save for the cloud and subscription service ones).
Yeah. I figured double jeopardy would apply. That means MS should 100% sue once AC rules on FTC vs Axon.
Also, doesn’t that mean companies, after the FTC vs Axon decision, should always sue even if the FTC allows the deal to pass anyways?
Just to hedge against future activist regulators and new legislation.
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I believe the FTC would first need to bring forth some case against an acquisition/merger.
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Depends on the outcome of the FTC vs Axon case I guess.
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Well after a potential SC ruling, FTC will have to think twice before bringing any case.
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Seems like really good news:
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CMA has extended the final report date from 1 March to 26 April
From Idas
Though I guess it does not affect the provision findings? As they still stated to be releases during Late January / early February 2023
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This is crazy. Wish I had as much leniency to do my job.
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This is pretty fascinating, it pushes it outside of the termination date Jan 18th (i think the provisional findings were expected earlier).
Someone at MS has to decide if they pay 2 Billion now, or extend and pay 2.5 (potentially)
What a joke
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I don’t think MSFT cares that much about 2b or 2.5b.
Though it also makes me think that it closes just
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It honestly looks like everyone is so afraid of going ahead: it clearly reflects how much is into play for all parties involved.
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