"It does seem like the Microsoft and the CMA could work out a deal within the next couple of weeks," said D.A. He also tweeted that his focus would now be on considering how the transaction could be changed to address the CMA's concerns. Microsoft President Brad Smith said the company was grateful for the "quick and thorough" decision. Gaming market sales are expected to increase by 36% over the next four years to $321 billion, according to a PwC estimate.Ĭorley's decision is a setback in the broader push by the Biden administration to cut costs for consumers that have also included negotiations to lower the cost of insulin medication and eliminate "junk fees" in airline tickets. The FTC did not immediately respond to a request for comment when asked about its plan to appeal the ruling. It is considering appealing the court decision, according to a person familiar with the matter. REUTERS/Dado Ruvic/Illustration/File Photo Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard's games characters in this illustration taken January 18, 2022.
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