Intro: Microsoft is set to visit the Downing Street 10, the residence of the British Prime Minister, next week upon the invitation of the UK Interactive Entertainment (UKIE). According to Sky News, this meeting is particularly interesting as it falls on the same day the Competition and Markets Authority (CMA) will announce its Phase 2 decision on the proposed Activision Blizzard takeover. This decision could have a significant impact on the future business relationship between the UK government and Microsoft, making this meeting all the more crucial.
TL;DR:
- Microsoft invited by UKIE to meet with gaming industry representatives in Downing Street 10 next week
- Meeting falls on the same day as the CMA’s decision on Activision Blizzard takeover
- Negative decision could damage future business relationship between UK government and Microsoft
- Microsoft recently received approval from competition authorities in South Africa and five other countries
Microsoft to meet with UK gaming industry representatives
Microsoft’s upcoming meeting with representatives of the UK gaming industry at the Downing Street 10, the residence of the British Prime Minister, has been causing quite a stir. According to Sky News, the meeting falls on the same day the Competition and Markets Authority (CMA) will announce its Phase 2 decision on the proposed Activision Blizzard takeover. This decision could have significant implications for the future business relationship between the UK government and Microsoft, as well as for Microsoft itself.Â
Microsoft received approval in several countries
Microsoft’s interest in Activision Blizzard has been clear for some time, and the company has been working hard to secure regulatory approval in various countries around the world. In recent weeks, Microsoft has received the green light from competition authorities in South Africa and five other countries, which bodes well for the company’s chances in the UK.
Meeting coincides with CMA’s Phase 2 decision on Activision Blizzard takeover
However, the timing of the meeting with UK gaming industry representatives has raised eyebrows. According to a source cited by Sky News, there is confusion about why the meeting was scheduled for the same day as the CMA’s decision, as a negative outcome could be damaging for Microsoft’s future business prospects.
Negative decision could harm UK government-Microsoft business relationship
While Microsoft will undoubtedly be hoping for a positive decision from the CMA, the company will likely be preparing for all eventualities. If the decision goes against Microsoft, it could be a significant setback for the company’s ambitions in the gaming industry.
Overall, this meeting between Microsoft and the UK gaming industry representatives is shaping up to be a crucial event. The outcome of the CMA’s decision on the Activision Blizzard takeover will be closely watched, and the impact on Microsoft’s future business prospects could be significant.