Microsoft Reportedly Invited To 'Showcase Its Products' At UK's 10 Downing St Next Week

They would be mad to decline.

@UltimateOtaku91 Hopefully they won’t. The CMA isn’t concerned about COD anymore but I still am rather wary if the FTC will still side with Sony and decline the deal.

@Kaloudz Hopefully, this will be all over soon!

@Kaloudz Hell yeah!

Wow so this whole thing could be over 26/4/23 and that’s it purchase done?

Be careful of the UK politicians they had party’s during covid lockdown. Don’t get a bad rep Microsoft 😂

Fingers crossed this comes to an end soon. Is the CMA able to extend its decision again? They’ve done it before.

@Kaloudz without the FTC's approval, but the FTC can sue to stop them (outside their internal courts), filing an injunction that temporarily stops the merger from going through until the lawsuit is over.

This is not over until the FTC either gives up, or this goes all the way to the supreme court.

@Kaloudz “we are suing to stop X from happening” is usually good enough reason for a temporary injunction until the case is resolved.

They might lose that case very quickly, but they might appeal as many levels as needed to get to the Supreme Court.

@Kaloudz i would not put to much weight ok what the FTC done historically (because they are this admin is not behaving as they done historically), but last year they did just that to Facebook over the acquisition of some VR company.

@Kaloudz to give you an idea [was on the phone on my previous reply], FTC sued to block the merger in July 2022, in February 2023 Facebook won, and immediately FTC filed an emergency motion to block the merger for another week to give them time to figure their next steps.

I am going off the FTC documents here and I am not an expert, but after the week was over a document shows up in the FTC site stating the district court denied the FTC's request for a preliminary injunction (telling me they tried to block again, not sure if some higher level court.)

Two days later, they filed a motion to withdraw proceeding from adjudication (they gave up without seeking an even higher level court.)

Note the timeline though, this delayed the whole ordeal by 8 months.

@Tharsman Good luck to them getting a stay on the injunction with all parties and competitors except one and all other international bodies on board. In that circuit.

Even if granted the penalty for violating the order is a rounding error on total Kinect sales in Boise. Based on Ms statements they have enough confidence in their position and the court precidents that they would be willing to risk proceeding while the filling is pending or even if granted through appeal. Which is wise, there's simply no case and there's a 0% chance the courts will think there is one. Courts are bound by case law. FTC is bound by unicorn flakes and leprechaun wishes.

It’s an embarrassment to be seen at number 10 with this current government. Deeply unpopular with voters and will be out and out for a long while when voters get the chance. Corrupt and useless no wonder they are inviting anyone that will come.

As if Microsoft need to “showcase” anything at this point. Number 10 after more freebies and accepting lobbying more like.

@Kaloudz because they telling the FTC that if they want to try stop the deal, they will have to go through real courts, not the internal FTC ones.

@JONOFTHEJONS if that happened would the deal be blocked or simply delayed?

@Kaloudz the point is there is no point. The FTC court might rule in Microsoft’s favor, but an FTC panel can override the verdict so it’s just a huge waste of everyone’s time.

@TheArtfulDodger it’s unlikely the FTC has a case, so they are almost certainly not going to be able to block (permanently) but they have the resources to delay… a lot.

@grumpypotato lol that would be hilarious

@UltimateOtaku91 they did