That's a bit arrogant of them. It's not like divesting would make the deal worthless and even Disney had to divest some things when they were buying Fox.
TBF, we are talking about Microsoft here. A company that, in the process of trying to gain approval for buying ABK (and announcing the intent only eight months after completing the acquisition of another large gaming publisher), has at multiple points, insulted regulators, called them unconstitutional, threatened companies in opposition to them completing the deal, and continues to use sheeple among their public fanbase to strongarm regulators into giving in to their demands.
When Dring called MS's theatrics "Trumpian", he was probably being generous.
They called them out on their bluff and basically got them to expose themselves to what it is really about.
At this point CMA accepting only behavioral remedies will be really surprising, the entire divestiture the cma carved out in the PF was to give microsoft what they want right? Well that entire thing just got blown to pieces in public by MS, and it completley makes the CMA look like fools. They will look like even bigger fools if they go with only behavioral remedies.
Heres an even worse precedent that will get set, big tech companies using public pressure to get regulators into making decision their way.
Yep and yep. If the CMA budge and accept the deal with just the lightest of behavioral concessions, they will look weak to all companies in the future. Same with the EC and FTC, but the warriors don't seem to understand this and won't understand until some company takes something away from Microsoft (that they feel Microsoft should have or should have bought instead).
Imagine being the company that could set a precedent of galvanizing an unhinged public to force regulators into a decision out of fear of public outcry (or worst), instead of due to the actual merits of the deal and its impact on the market. That would be a legacy you could never shake off.
Agreed. I'll link you when I see a few more.
This thread is much more level headed. >50% balking at the idea that Microsoft needs another publisher to compete when they incompetently manage the largest stable of studios of any console maker. They see through the transparent PR, which you have to imagine the regulators do as well. A lot of that gets lost in the fervour of the acquisition thread which is basically ATVI bagholders and game pass zealots shouting down everyone else.
https://twitter.com/Chris_Dring/status/1628098134105522192
www.resetera.com
No disgust in this thread towards the acquisition in the first few pages but I know I've seen the sentiment shared, even on reeee
For a moment you didn't need a separate thread to have some actual dialog on the acquisition; some sensible discourse was actually being had in the main thread thanks to a few posters. But I guess that was too much; can't upset the irrationals in their echo chamber of a giant acquisition thread.
Then again it's not surprising considering staff members have stock in ABK, so they would want a certain narrative to persist in the main thread regardless.