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The Latest Breaking News from CMA

Microsoft Activision Blizzard deal approved by EU regulators as CMA issue response

The EU regulators have approved the Microsoft Activision deal despite agreeing with the CMA's concerns around cloud gaming

Daily Mirror

European Commission approves Microsoft's Activision Blizzard purchase for Xbox

The European Commission has chosen whether or not to allow Microsoft's purchase of Activision Blizzard.

Windows Central

Supermarket bosses face grilling on fuel prices from watchdog

CMA says it has found evidence retailers are putting up petrol and diesel prices to unnecessarily high levels

The Guardian - UK

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Government to probe food prices after finding supermarkets overcharged drivers by 5p a litre for petrol

The findings will likely trigger further claims that big companies are profiting off the cost-of-living crisis via ‘greedflation’

Evening Standard

Watchdog to investigate whether supermarket food and fuel prices are too high

It said there was enough concern to warrant a probe

Wales Online

Touts to remain ‘rampant’ on resale sites after UK government avoids crackdown

Campaign group backed by artists including Ed Sheeran criticises decision not to prevent bulk buying and speculative selling

The Guardian - UK

The same group of UK regulators that blocked the Microsoft Activision acquisition is now looking into AI

The CMA is reviewing artificial intelligence models for "competition and consumer protection considerations."

PC Gamer

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EA says it doesn't care if the Microsoft Activision deal goes through: "We'll continue to be the number one publisher on their platform"

EA CEO Andrew Wilson says he's "indifferent" about the buyout

GamesRadar

Why the CMA was right to stand up to Microsoft’s bluster

City voices: The CMA hasn’t made many friends with this move, but it’s hard, thus far, to fault it

Evening Standard

Activision Blizzard hires barrister who advised Boris Johnson on partygate to front CMA appeal

Hiring Lord Pannick is a statement of intent.

PC Gamer

Activision hires Queen Elizabeth II's former lawyer to lead appeal over Xbox merger

Baron Pannick is taking on the CMA

GamesRadar

Are Microsoft and Xbox going to pivot away from cloud gaming?

Microsoft's regulatory comments to the CMA might be telling of a broader strategy shift away from Xbox Cloud Gaming.

Windows Central

Microsoft exec admits the console war has been lost

In a brutally honest 40-minute mea culpa, Xbox head Phil Spencer said the new Xbox Series X console will not be able to topple Sony and Nintendo.

Fortune

US, UK governments make weak plea to AI companies: 'The private sector has an ethical, moral, and legal responsibility'

Too little too late?

PC Gamer

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Birmingham Post

Watchdog raises competition concerns over Copart’s acquisition of vehicle salvage and recycling firm Hills Motors

The CMA had previously raised concerns over the deal in November last year

The Guardian - UK

UK and US intervene amid AI industry’s rapid advances

Competition and Markets Authority sends ‘pre-warning’ to sector, while White House announces measures to address risks

The Guardian - UK

UK’s competition watchdog aims for leading global role

Ruling against Microsoft Activision merger looks like warning shot as CMA takes on task of regulating big tech after Brexit

The Independent UK

UK launches review of AI models such as ChatGPT

Artificial intelligence regulation to be split between human rights, health and safety, and competition

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news in one place.

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TechRadar

Adobe could be pushing its luck over Figma deal

Adobe Figma acquisition looked into by the UK’s Competition and Markets Authority for “substantial lessening of competition.”

Evening Standard

Watchdog was right to block Microsoft’s £55bn Activision takeover

City voices: The CMA hasn’t made many friends with this move, but it’s hard, thus far, to fault it

Windows Central

Xbox lead Phil Spencer comments on Redfall 'disappointment' and more in new interview

The latest interview with Phil Spencer had some interesting quotes from the CEO about recent Redfall and CMA controversies.

Evening Standard

Competition watchdog opens probe into how UK should regulate AI

The CMA has been asked by the Government to launch a “fact-finding” mission into the sector

Insider UK

UK competition watchdog launches review of AI market

Move comes amid warnings from experts about potential for misuse of rapidly-improving technology

Investors Business Daily

Dow Jones Futures Fall As PacWest Dives On Sale Report; Apple Earnings On Tap

PacWest Bancorp plunged on a sale report, slamming other bank stocks. Apple headlines big earnings Thursday.

The Conversation

Why post-Brexit Britain is still open for business – despite what Microsoft says

The UK’s ability to attract business has recently been called into question after its competition regulator blocked tech giant Microsoft from buying gaming firm Activision for US$68.7 billion (£55 billion).

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