A British regulator's decision to block Microsoft's acquisition of the gaming company that makes Call of Duty has put the sale on hold, illustrating how antitrust decisions in foreign nations affect the economy of the US.
The United Kingdom's Competition and Markets Authority announced last month that it was blocking Microsoft's $68.7 billion acquisition of Activision-Blizzard on the grounds that the combined company would have a monopoly over cloud gaming. While Microsoft is expected to appeal the decision, the repercussions of the decision, for now, reach worldwide.
There are two distinct approaches when it comes to the application of antitrust law, Jamison noted. For the previous 40 years, under Republican and Democratic leaders, U.S. antitrust enforcers focused specifically on how deals affected the consumer. The U.K. acted in a similar vein in determining that Microsoft's acquisition of Activision-Blizzard would significantly diminish the number of competitors in the marketplace.
"A big issue we're dealing with is like a lot of the speech laws in the U.K. and EU," Jeffrey Westling, the Director of Technology and Innovation Policy at the American Action Forum, told the Washington Examiner."They're going to affect kind of how some of these platforms release their systems as a whole. And that's not necessarily a bad thing. But, like, we have a stronger First Amendment than many countries do." The AAF is a conservative-leaning think tank.
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