Comments 21

Re: UK CMA Issues Official Response To EU's Activision Blizzard Verdict

Lumpaywk

lol blocklist as you cant accept the simple fact that your own ideals are not backed up by the actual evidence and so just want to disguard it lol. Also the 9 months comes direct form the CAT sooo yeah that. so to summaries, not that it matters as i am apparently on your block list (oh no what will i ever do). Hunts statement was actually in support of the CMA when you see the whole thing, The entire markets are betting against the deal passing, you cant get around the ruling by moving services, that comes from an idea of a possible remedy, a remedy is something the cma agrees to in order to approve. It is not a work around if they do not. These are the actual facts sorry that hurt your fantasy. i to want this deal to pass and hope they work something out, but the fact is that is very unlikely and there is no work around it either gets approved with remedy's or it gets blocked.

Re: UK CMA Issues Official Response To EU's Activision Blizzard Verdict

Lumpaywk

@Kaloudz Jeromy Hunt has no power in these things. the CMA is independent as he pointed out. nothing he can do but even if he did that is not the debate here, you making false claims about how ms can ignore the cma is the issue lol

Also love how you left this bit of the quote out “But for our tech sector, it isn’t just about being able to get through big deals, competition really matters.”

Re: UK CMA Issues Official Response To EU's Activision Blizzard Verdict

Lumpaywk

@Kaloudz no, what you have done is a misconception. the deal either is or it isn't! there is no carving or whatever lol they have blocked MS buying ABK what is it you think they are going to "carve out" if they don't buy them ms don't own them that simple! This idea came from an analyst that said it would be a possible remedy the cma could adopt and social media and you have miss read what that is.
The fact is the market is also betting against it with the eu ruling having zero affect on stock price after it plummeted on news of the cma blocking the deal. but sure you must know more than them right
As for timelines CAT timelines are 9 months plus.

Re: UK CMA Issues Official Response To EU's Activision Blizzard Verdict

Lumpaywk

@Kaloudz Soooo why are you arguing with me when the point was that the cma does have power to block the deal, that is thr current case and while you may think they have a strong case so did everyone hat went to a CAT and only 30% got passed back to the cma and then a lot of those still got rejected. I mean if you entire stance is that it is possible to win an appeal then sure that is possible. But completing the deal without the cma approval is not. no amount of MS can leave the uk or ms can ignore it and go ahead anyway makes a blind bit of difference. Whatever happens they need to win the approval of the CMA, that is the only path forward.

Re: UK CMA Issues Official Response To EU's Activision Blizzard Verdict

Lumpaywk

@Kaloudz except they havn't have they. what you did there was missread what they said. these are ideas for remedies that could be put to the cma as ways to get them to approve. the issue is that would need to be after a successful appeal and subject to them agreeing to the remedy. Since they have already refused more practical remedies based on needing legislative oversight they are not exactly going to accept these.

Re: UK CMA Issues Official Response To EU's Activision Blizzard Verdict

Lumpaywk

But the stats are irrelevant as CAT doesn’t look into the merits of the case, only that process was followed. Hence why they are putting a lot of emphasis on the meetings the cma had with the ftc.
Also I never said they would fail the appeal, nobody knows the outcome yet. The facts I refer to is the long process, the 9month mark comes direct from the CAT! And that the success rate is very low, it is, about 30% only get reassessed and then they have to pass cma again even if successful. Bare in mind that 30% is from companies so sure they had a case they spent millions fighting it.
I stated the cma absolutely has power and can block it. The reason you want to avoid the fact about the stock price is because it directly points to the fact bankers, hedge funds and investors do not agree with your prognosis and understand that companies can’t just ignore regulators. So no wander you are trying so hard to avoid it

Re: UK CMA Issues Official Response To EU's Activision Blizzard Verdict

Lumpaywk

@Kaloudz never said they didn't get over turned, I simply stated facts and everyone started crying like I made up the rules or it is me saying they can't merge. I am wholly in favour of it and been vocal about that. But doesn't change the facts. However it is a huge uphill battle the CMA has a winning record with appeals and even if successful it simply goes back to the CMA and that takes over 9months at best.
Why do you think it is the stock value of ABK has not bounced back? The value after the EU decision is still the same as when the CMA blocked it and it plummeted. But I guess you know something the major hedge funds and banks and investors don't?

Re: UK CMA Issues Official Response To EU's Activision Blizzard Verdict

Lumpaywk

@Kaloudz Yes many have come forward with idea of remedies, but here is the thing, a remedy needs to be agreed by the CMA and since the CMA has stated on multiple times that they are not interested in remedies that require oversight then they are not at all likely. As for the CAT case, that has nothing to do with the merits of the case so the market share would only be relevant after a successful appeal when it is reassessed by the cma. The appeal would need to prove that process was not followed, hence why they are leaning heavily on the cma ftc meetings and hope those conversation fall foul of the rules. Either way even the most basic appeals take 9 months plus and doesn't change the fact of what said in that the cma has and absolutely ha the power to block the merger.

Re: UK CMA Issues Official Response To EU's Activision Blizzard Verdict

Lumpaywk

@Kaloudz I don't get where you got that idea from but the cma stance is not one of remedies, they have blocked the merger! and more so than that they have also ruled neither can buy shares in the other without prior consent. The only way for them to proceed is for them to win an appeal, failing that all other countries can agree, if one blocks it the deal is blocked.

Re: Microsoft Shows Frustration As Sony Fails To Respond To 10-Year Call Of Duty Offer

Lumpaywk

@Kaloudz The FTC is in what the eu, uk etc would refer to as phase 2. This is all part of that "Phase", it is just different regions have slightly different ways of going about these things. As for the Sony talking to them the investigation, as with any legal matter, is open to be contested by anyone who feels they have a case. Sony is going to them because they are contesting the merger so no they wouldn't say go work it out with MS, they would say thank you for the input we will take it into consideration now does anyone else have any input they like to make etc.

Re: Reaction: Sony Just Boosted The Value Of Xbox Game Pass Even Further

Lumpaywk

@nessisonett game pass for pc did not in any way shape or form double the price. It had an introductory price while it was in beta that was always advertised as such and was due to it being beta. It is now out of beta so that no longer applies. its like saying someone doubled their price because last week they had a 50% sale on.