“We have been clear about how we plan to run our gaming business and why we believe the deal will benefit gamers, developers, and the industry. We expect and think it’s appropriate for regulators to take a close look at this acquisition. Responding to the CMA, Lisa Tanzi, Microsoft’s corporate vice president and general counsel, said: “We will fully co-operate with the CMA’s merger review. (We) believe a thorough review will help the deal close with broad confidence, and that it will be positive for competition The regulator said it is also inviting views on the deal from interested third parties, with a submission deadline of July 20, as part of its initial assessment. It added that it will engage “as appropriate” with its competition authority counterparts around the world who are also looking into the merger. The CMA said it has until September 1 to decide if it believes the merger may harm competition, and, if it believes it could, it will launch an in-depth investigation into the deal. The CMA said it wants to examine whether the deal could harm consumers by leading to “higher prices, lower quality, or reduced choice”.
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