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Home » The media pointed to a possible connection between the head of the British antitrust regulator and Sony – he blocked the deal between Microsoft and Activision

The media pointed to a possible connection between the head of the British antitrust regulator and Sony – he blocked the deal between Microsoft and Activision

Last month the UK Competition and Markets Authority (CMA) blocked multibillion dollar deal Microsoft with Activision Blizzardalthough the experts expected positive verdict. In recent weeks, the regulator has been criticized by the European Commission and the UK government itself.

Microsoft and Activision Blizzard have already filed appealand against this background, interesting details were revealed about who exactly contributed to the blocking of the merger. Patent Lawyer Florian Müller indicated that the senior director of the CMA Colin Raftery previously worked in Cleary Gottlieb.

It was this law firm that represented the interests of PlayStation in a deal between Microsoft and Activision Blizzard..

A LinkedIn profile states that Raftery worked for Cleary Gottlieb from 2006 to 2013, but the media believe they may have identified the real one. conflict of interest. Especially if Raftery maintains personal relationships with old acquaintances and friends who would benefit from blocking the Activision Blizzard and Microsoft deal..

Florian Müller soon supplemented his words with information from a journalist from a major publication that it was Colin Raftery who was the central figure in making the final decision to block the deal.

There is another interesting detail in Raftery’s biography. He previously played a key role in blocking the merger of two major UK supermarket chains: ASDA and Sainsbury’s.. At the same time, Raftery previously worked as a legal consultant for Tesco, the largest supermarket chain in the UK, which clearly would not benefit from a merger of huge competitors. He was also involved in the CMA’s decision to block Sainsbury’s merger with Asda, although he had previously acted as legal advisor to Tesco PLC, their direct competitor.

The UK is widely known for its culture of political shenanigans, especially when it comes to frontier insider trading among the political class. The current ruling party has been repeatedly accused of using its position to offer friends and friends of friends lucrative taxpayer-funded contracts, especially during the pandemic..

Previously, one of the influential members of the UK government issued a warning to the CMA regarding an attempt to block the deal between Microsoft and Activision Blizzard. Prior to this, British Prime Minister Rishi Sunak also criticized the regulator for irrational decisions..

Previously, the merger of Microsoft and Activision Blizzard was approved by China and the European Union.

In the EU, corporations have been given the green light to merge thanks to recent agreements with third-party cloud companies, some of them are already in force.

The problem for Microsoft remains not only the UK Competition and Markets Authority, but also the US Federal Trade Commission (FTC), which filed a lawsuit against the platform holder in order to block the deal.

As a result, the purchase of Activision Blizzard may be delayed until 2024, although the intention was initially announced to complete the deal by the end of June 2023.

See also: Announced zombie shooter Arizona Sunshine 2 for PlayStation VR2

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