The woke publication The Guardian destroys Microsoft....
Ignore Microsoft’s whines about the Activision takeover. The CMA did its job
"Microsoft can yank investment from the UK if it wishes, but another part of the global tech industry may be encouraged by the rare sight of a regulator being willing to step into the path of US Big Tech’s steamroller."
"Indeed, the more common complaint is that the regulator is too willing to accept an acquirer’s proposed remedies to competition concerns. Microsoft tried the remedy route with Activision but the CMA, unusually, wasn’t convinced. Tough.
And, whatever Smith thinks, the EU is not some regulatory paradise for big companies in which every big deal goes through on the nod. Deals sometimes get stopped by Brussels too."
"For Smith and Microsoft, it is apparently “the darkest day in our four decades in Britain”. The remark merely advertises Big Tech’s sense of entitlement. Go to appeal, or take the decision on the chin. Either way, get a sense of proportion."
Brad Smith’s reaction to Competition and Markets Authority blocking deal is pure Big Tech entitlement
www.theguardian.com