2023-05-09 22:03:00
This is not over! When Bobby Kotick, president of Activision, said that he hadn’t had the last word in CMA Vs. Microsoft, he meant it. According to intellectual property analyst and activist Florian Mueller, the publisher has signed up Lord David Pannick, a “super high-profile” lawyerto represent you in your appeal case against the UK Markets and Competition Authority.
He is an independent litigator, whose resume includes, as former clients, Queen Elizabeth II, former Prime Minister Boris Johnson, Manchester City and former BBC Director General Mark Thompson. He has been lead counsel in 25 cases before the UK High Court, 25 cases at the European Court of Justice and 30 cases at the European Court of Human Rights. (Cover image from Open Government License)
Who is Microsoft’s lawyer
With this, the two interested in passing the purchase, that is, Microsoft and Activision, have armed themselves with the best lawyers in existence, and no wonder. The CMA has an impressive record on appeals, having won 65% of the time, not to mention the size of the transaction: $70 billion and, in Bobby Kotick’s personal case, hundreds of millions of dollars in stock. .
After the painful verdict that blocked the purchase of Activision, Yahoo Finance reports that Microsoft has appointed Daniel Beard KC as his representative in the appeal that he will present before the commission, soon. To put it simply, he is a renowned jurist, specializing in competition and regulation, and with an outstanding track record.
BREAKING: #ActivisionBlizzard $ATVI has retained an ultra-high profile UK lawyer to help lead the @CATribunal appeal against the @CMAgovUK decision to block the merger: Lord David Pannick KC (KC = King’s Counsel )
CMA and FTC blocked the acquisition
Although it seemed destined to proceed smoothly at first, Microsoft’s purchase of Activision was first slammed by the US Federal Trade Commission, which is taking Microsoft to court in August. And in a super surprise setback, Britain’s CMA also rejected the merger a couple of weeks ago. That said, the European Commission (May 22) and the Chinese regulatory authority have yet to issue their verdict.
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