The UK’s Competition and Markets Authority (CMA) blocked the purchase of Activision Blizzard. Microsoft is already preparing to appeal the decision and, to do so, it made an important hiring that could be its way to close the deal.
According to details, the company recently hired Daniel Beard KC, a specialist in competition and regulatory issues. The news caught the attention of many, as Beard is already known to have successfully overturned the decisions of several large-scale regulators in Europe.
Microsoft has a new hope to close the purchase of Activision
According to recent reports, Microsoft will release its appeal to the CMA in a matter of days and will be represented by Daniel Beard. It is said that his extensive experience in all matters related to regulatory issues will be very valuable to the case and will favor Microsoft.
The lawyer has worked with other tech giants such as Intel and Apple. He helped both companies successfully appeal decisions by European authorities and saved them from heavy fines. For this reason, Microsoft now expects a similar scenario in its favor.
It is important to remember that the CMA blocked the acquisition on the grounds of cloud gaming and the power that Microsoft would gain from all Activision Blizzard content. As expected, the company criticized the decision and was totally against the verdict.
The company is confident that the situation will be different with the European Commission, which will reveal its verdict later this month. While nothing is guaranteed, Microsoft expects the CMA to change its mind following the appeal being prepared by Beard and his legal team.