Started by the-pi-guy, Feb 01, 2023, 05:14 PM
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So what are the remedies btw?
Potentially.1-3 are structural remedies, 5 is behavioral remedies.
They threw out 5 options
1.) Spinning off CoD by itself, MS takes the rest of Activision Blizzard King.
2.) Spinning off Activision, Microsoft takes Blizzard King
3.) Spinning off Activision Blizzard, Microsoft takes just King.
4.) Cancelling the deal
5.) Convincing the CMA to take behavioral remedies. Which even the 10 year CoD deals aren't enough.
MS sounds like they're still aiming to make behavioral remedies.
1-3 are structural remedies, 5 is behavioral remedies.
They haven't given any specific examples of what kind of behavioral remedy they would need to see.
The potential remedy that MS threw out is the 10 year access on other platforms. I might have been a bit too strong in my previous comment, I'm not sure if the 10 year access is enough for the CMA. It might not be enough.
maybe i'm biased but that report made it sound like the 10 year deal is not enough.
There are different reasons to hire an activism defense team on M&A, among others: 1) because you are going to change the terms of a deal already announced 2) because you are going to divest assets to a third company or 3) because you are going to "de-merge" a previously announced deal.This seems like speculation on speculation (that Activision hired an activism defense team)
When something like that happens you are going to get a lot of unhappy shareholders. :p So, you need to defend from different legal tactics that they'll use to abort the change that you are making to the original plan.
Maybe it's just a backup plan, but if true, it's an interesting development...
https://www.resetera.com/threads/the-microsoft-activision-blizzard-acquisition-ot-antitrust-simulator-up-cma-gives-provisional-findings-possible-remedies-to-acquisition.633344/page-508#post-101245474This just shows that Phil Spencer is even more confident!
This seems like speculation on speculation (that Activision hired an activism defense team)
Phil Spencer Interview
Given a year ago, for me, I didn't know anything about the process of doing an acquisition like this. The fact that I have more insight, more knowledge about what it means to work with the different regulatory boards, I'm more confident now than I was a year ago, simply based on the information I have and the discussions that we've been having.
...
So my confidence remains high. We're actively working with the regulatory boards around the world that need to approve for this, and it's been a learning experience for me. A lot of time spent, a lot of travel, a lot of conversations, but they're conversations where I get to talk about our industry and the work that we do and why we do it. I think the more regulators are informed about what gaming is, how the business runs, who the players are, and what our aspiration is as Team Xbox is just a good thing for the industry itself.
VizionEck Cube Royale is releasing this year "I'm Mike Armbrust" -Me |
https://www.resetera.com/threads/the-microsoft-activision-blizzard-acquisition-ot-antitrust-simulator-up-cma-gives-provisional-findings-possible-remedies-to-acquisition.633344/page-508#post-101245474i mean, that last bit is completely relevant.
This seems like speculation on speculation (that Activision hired an activism defense team)
Microsoft/Activision Blizzard: EC Objections Span Cloud and Console Markets, Further Complicating Path to Completion $MSFT $ATVI
— The Capitol Forum (@Capitol_Forum) February 16, 2023
So wait, we made a bet that it will either pass or not. But we didn't take into consideration remedies, because that's not technically the sameMy intention was more whether it got blocked or not.
Sony commenting that it’s in private negotiations with Microsoft is interesting after radio silence on Microsoft’s 10-year offer. Could we finally see a deal on Call of Duty soon? (I missed this while traveling last week ?? ) https://t.co/0wagbRhmHH pic.twitter.com/GpyCLFyjmq
— Tom Warren (@tomwarren) February 17, 2023
My intention was more whether it got blocked or not.Op says activision so that's what I'm going with. If they get king and bliz but lose cod, I lost the bet imo.
But the OP was ambiguous.
If people want, we can change the betting to:
- MS gets all of ABK with behavioral remedies.
- MS gets part of ABK.
- MS gets none of ABK.
Have to put it into 3 pools.
VizionEck Cube Royale is releasing this year "I'm Mike Armbrust" -Me |
We’ve now signed a binding 10-year contract to bring Xbox games to Nintendo’s gamers. This is just part of our commitment to bring Xbox games and Activision titles like Call of Duty to more players on more platforms. pic.twitter.com/JmO0hzw1BO
— Brad Smith (@BradSmi) February 21, 2023
- Microsoft and ABK have briefed the European Commission on potential remedies to ease competition concerns.
- MS and ABK had 45 minutes this afternoon to address the topic, followed by a 15-minute Q&A session.
- Sony has cemented its position as the main opponent to the deal, and is being granted twice the time to intervene on the hearing than other third parties are.
- Sony had 30 minutes reserved for its participation, whereas Nvidia, Google, Valve, Electronic Arts and the European Games Developer Federation each had 15 minutes.
- This morning the commission has heard presentations by Phil Spencer and Bobby Kotick explaining the rationale behind the deal.
- There were also interventions by advisors from MS and ABK about why the deal doesn't pose competition concerns.
- While Sony has held talks with Microsoft on platform access, it has stressed that licensing deals won't ease competition concerns.
Smith is being asked again about losing Call of Duty or a specific part of Activision Blizzard to get the deal done - as the UK's regulator has suggested will be necessary. It's not what Microsoft is interested in, he says.
— Eurogamer (@eurogamer) February 21, 2023
News: NVIDIA is now saying they fully support Microsoft's acquisition of Activision Blizzard after also signing a 10 year deal with Microsoft to have Xbox + ABK games on GeForce Now.
— CharlieIntel (@charlieINTEL) February 21, 2023
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