The UK’s Competition and Markets Authority (CMA) blocked Microsoft’s proposed acquisition of Activision Blizzard in the past days, citing its potential negative impact on innovation and growth in the cloud gaming space, and shortly after the decision was officially announced, Microsoft confirmed it would appeal to the Court of Appeal Competition in the UK against this decision.
clearer report Yahoo! Finance Microsoft says it will file its appeal “in the coming days.” Interestingly, the report also mentions the company’s use of the services of Daniel Beard KC, a lawyer known for beating the EU Regulatory Commission in past cases.
According to the report, Beard is a “leading attorney” who has reversed billions of dollars in sanctions imposed by the European Union on Apple and Intel in recent years.
It is noteworthy that previous reports indicated that Microsoft will pay $ 3 billion to Activision in the event that the acquisition deal fails.
