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The Latest Breaking News from CMA

CMA blocks Microsoft Activision Deal – but not for the reason you'd think

Activision Blizzard isn't likely to be welcomed into the Xbox family any time soon as the CMA has elected to deny the purchase

Daily Mirror

Microsoft and Activision say they will appeal merger obstruction

Microsoft remains "fully committed to this acquisition"

GamesRadar

U.K. regulators to block Microsoft's $69 billion deal for Activision

This would be the largest gaming merger of all time.

Axios

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‘Nothing we can do’ to turn a profit — Heathrow boss slams CAA cap as airport stalls in the red

Heathrow is on course for a fourth consecutive year in the red

Evening Standard

UK authority blocks Microsoft's purchase of Activision Blizzard

The CMA officially strikes down the deal

GamesRadar

Xbox's Activision Blizzard deal has been blocked by the UK, Microsoft to appeal

Microsoft's bid to acquire Activision Blizzard has fallen at the final hurdle, with the CMA in the United Kingdom blocking the deal.

Windows Central

Microsoft reportedly plans to close Activision deal despite FTC lawsuit

A new report suggests Microsoft is planning to close its Activision deal despite FTC interference.

Windows Central

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TechScape: Could this billion-pound ‘crack-down’ end fake reviews and subscription traps?

Tech giants such as Google and Apple could face huge fines if they breach planned rules designed to protect consumers online. But will the bill have real teeth?

The Guardian - UK

Digital Markets Bill to crack down on big tech, fake reviews and subscription traps

The Digital Markets Unit will have the power to fine big tech platforms up to 10% of their global turnover if they do not abide by competition rules.

Evening Standard

Major tech firms face hefty fines under new digital consumer bill

Global companies like Google, Apple and Amazon could have to pay penalties of up to 10% of their global turnover as government gives competition watchdog more power

The Guardian - UK

Bill to crack down on big tech, fake reviews and subscription traps

The Digital Markets Unit will have the power to fine big tech platforms up to 10% of their global turnover if they do not abide by competition rules.

The Independent UK

These Bank Stocks Could Be a Bad Bet for April

Although it seemed like the financial industry had stabilized after the recent bank failures, the U.S. banking industry faces several headwinds. Amid this backdrop, it could be wise to avoid fundamentally weak bank stocks M&T Bank (MTB), The PNC Financial Services Group (PNC), and Comerica (CMA). Keep reading….

StockNews.com

Google may bring user choice billing to the Play Store in the UK

Google details commitments, given by the CMA, it may have to abide by should public consultation see it accepted.

Android Central

Google allows app developers to break away from Play billing system

UK regulator asks for views on how move will work in practice, amid concern over tech firm’s cut of in-app purchases

The Guardian - UK

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Asharq Al-Awsat

UK Watchdog Looks at Google’s Proposals Giving Freedom to App Developers on Playstore

Britain's competition regulator said on Wednesday it was looking into proposals offered by Alphabet Inc's Google, which would give app developers the freedom to break away from Google Play's billing system. Britain's investigation in June last year raised concerns that Google's complete control over in-app payments unfairly restricted app developers,…

The Independent UK

Heathrow launches appeal against decision it must cut charges

A spokesman accused the Civil Aviation Authority of ‘undermining’ the investment needed in the west London airport.

Windows Central

Microsoft's Activision Blizzard purchase mostly approved by one more country

South Africa has almost approved Microsoft's purchase of Activision Blizzard, bringing the massive Xbox deal closer to completion.

AFP

Microsoft's bid to buy games giant faces triple anti-trust threat

Brussels (AFP) - Depending on which side you're on, tech giant Microsoft is either the hero fighting to bring some of the most popular video games to more people, or the villain on the brink of killing competition in the sector.

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GamesRadar

Sony skewers Microsoft for canceling Redfall on PS5, calls revised CMA report "surprising, unprecedented, and irrational"

You'll be shocked to hear that Microsoft "welcomes the CMA's revised findings"

The Guardian - UK

CMA to investigate Amazon’s $1.7bn takeover of Roomba firm

Competition watchdog calls for evidence on whether deal could give online retailer dominance in smart home market

Evening Standard

Monopolies watchdog probes Amazon’s £1.4 billion acquisition of Roomba maker iRobot

It is the second competition-related probe involving Amazon in two days

Fortune

British regulators are gunning for Big Tech

British regulators are gunning for Big Tech, together.

The Guardian - UK

Amazon and Microsoft face referral to UK regulator over cloud services market

Ofcom proposes to refer sector to CMA amid ‘significant concerns’ about behaviour of some providers

Evening Standard

Ofcom refers cloud market to CMA amid ‘concern over practices of Amazon and Microsoft’

Tech giants Amazon and Microsoft have come under fire as media regulator Ofcom said it would refer the cloud market to the UK competition watchdog after uncovering what it called “concerning practices” by key market players during an investigation.

iMore

UK's Apple antitrust investigation scuppered by its own rules

Apple won an appeal over a UK investigation into its handling of web browsers and cloud gaming apps because the authority took too long to begin the investigation.

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Dipanjan BanchurSince

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