{"id":24693,"date":"2023-04-26T15:37:01","date_gmt":"2023-04-26T15:37:01","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/factbox-microsoft-activision-deal-joins-mega\/"},"modified":"2023-04-26T15:38:54","modified_gmt":"2023-04-26T15:38:54","slug":"factbox-microsoft-activision-deal-joins-mega","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/factbox-microsoft-activision-deal-joins-mega\/","title":{"rendered":"Factbox-Microsoft-Activision deal joins mega mergers facing regulatory heat"},"content":{"rendered":"

(Reuters) – Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard has been blocked by Britain over concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming.<\/p>\n

Here is a list of some mergers that recently faced strong antitrust scrutiny around the world:<\/p>\n

DEALS UNDER SCRUTINY <\/p>\n

DEAL DEAL VALUE CONTEXT <\/p>\n

Broadcom – $61 billion The European Commission has <\/p>\n

VMware informed Broadcom of its <\/p>\n

objection that the deal could <\/p>\n

restrict global competition for <\/p>\n

the supply of certain adapters by <\/p>\n

limiting access for competitors’ <\/p>\n

hardware to VMware’s software. <\/p>\n

Intercontinent $13.1 The U.S. FTC said it would seek <\/p>\n

al Exchange – billion to stop the deal as it may lead <\/p>\n

Black Knight to higher fees, less innovation <\/p>\n

and fewer choices in the <\/p>\n

financing process for home <\/p>\n

purchases. <\/p>\n

Amazon.com – $1.7 Britain’s competition regulator <\/p>\n

iRobot billion launched a “Phase 1” probe into <\/p>\n

Amazon.com’s planned acquisition <\/p>\n

of iRobot. The deal is also being <\/p>\n

reviewed by the U.S. FTC. <\/p>\n

Kroger – $25 billion Kroger has asked a U.S. judge to <\/p>\n

Albertsons dismiss as “speculative” a <\/p>\n

Companies consumer antitrust lawsuit <\/p>\n

alleging the merger would lessen <\/p>\n

grocer competition and drive up <\/p>\n

prices. <\/p>\n

JetBlue-Spirit $3.8 California and three other states <\/p>\n

billion joined the U.S. Justice <\/p>\n

Department lawsuit aimed at <\/p>\n

preventing JetBlue Airways from <\/p>\n

buying rival discount carrier <\/p>\n

Spirit Airlines. <\/p>\n

Illumina – $7.1 FTC ordered Illumina to divest <\/p>\n

Grail billion cancer diagnostic test maker <\/p>\n

Grail, finding that its ownership <\/p>\n

would stifle competition in the <\/p>\n

U.S. market for cancer tests. <\/p>\n

DEALS BLOCKED OR ABANDONED<\/p>\n

DEAL DEAL VALUE CONTEXT <\/p>\n

Microsoft – $69 Britain’s antitrust regulator <\/p>\n

Activision billion said Microsoft’s commitment to <\/p>\n

Blizzard offer access to Activision’s <\/p>\n

multi-billion dollar “Call of <\/p>\n

Duty” franchise to leading <\/p>\n

cloud-gaming platforms would <\/p>\n

not effectively remedy its <\/p>\n

concerns. <\/p>\n

Voyager Digital – $1.3 Binance.US called off its deal <\/p>\n

Binance.US billion to buy assets of bankrupt <\/p>\n

crypto lender Voyager Digital, <\/p>\n

citing a “hostile and uncertain <\/p>\n

regulatory climate.” <\/p>\n

Nvidia Corp – Arm More than SoftBank Group Corp shelved its <\/p>\n

$80 blockbuster sale of Arm Ltd to <\/p>\n

billion the U.S. chipmaker. The FTC <\/p>\n

argued that competition in the <\/p>\n

nascent markets for chips in <\/p>\n

self-driving cars and a new <\/p>\n

category of networking chips <\/p>\n

could be hurt. <\/p>\n

\n

Penguin Random $2.2 Penguin owner Bertelsmann <\/p>\n

House – Simon & billion scrapped the merger in <\/p>\n

Schuster November. The Biden <\/p>\n

administration said the deal <\/p>\n

should be stopped because it <\/p>\n

would lead to less competition <\/p>\n

for blockbuster books and lower <\/p>\n

advances for authors who earn <\/p>\n

$250,000 or more. <\/p>\n

DEALS THAT WENT THROUGH <\/p>\n

DEAL DEAL VALUE CONTEXT <\/p>\n

Rogers C$20 The final nod from Minister of <\/p>\n

Communication – billion Innovation, Science and <\/p>\n

Shaw Industry Francois-Philippe <\/p>\n

Communication Champagne capped two years of <\/p>\n

antitrust uncertainty. <\/p>\n

Meta Platforms – Unknown The FTC, which lost a fight in <\/p>\n

Within court to block the <\/p>\n

acquisition, said in a filing <\/p>\n

that it has decided to <\/p>\n

formally end its effort. <\/p>\n

UnitedHealth About $8 The deal’s completion follows <\/p>\n

Group – Change billion a U.S. judge denying the <\/p>\n

Healthcare Justice department’s bid to <\/p>\n

stop it. The DoJ had said <\/p>\n

access to the target’s claims <\/p>\n

would give UnitedHealth a view <\/p>\n

into rivals’ health plans. <\/p>\n

\n

(Reporting by Utkarsh Shetti and Roshia Sabu in Bengaluru; Editing by Devika Syamnath)<\/p>\n

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(Reuters) – Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard has been blocked by Britain over concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming. Here is a list of some mergers that recently faced strong antitrust scrutiny around the world: DEALS UNDER […]<\/p>\n","protected":false},"author":8,"featured_media":24734,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1220],"tags":[1223],"class_list":["post-24693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-technology","tag-updated"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3P0PW-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/24693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=24693"}],"version-history":[{"count":2,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/24693\/revisions"}],"predecessor-version":[{"id":24735,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/24693\/revisions\/24735"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/24734"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=24693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=24693"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=24693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}