Britain's competition regulator on Friday extended its final deadline on Microsoft's Activision Blizzard deal to Aug. 29 after its received a 'detailed and complex' new proposal from Microsoft that claimed material changes in circumstance.
In Britain, the CMA's final report is usually the last word. Companies cannot offer remedies after its publication and their only recourse is the Competition Appeal Tribunal .
A Bloomberg report said Microsoft and Activision were considering giving up some control of their cloud-gaming business in Britain to appease the CMA.according to a source, and he said later the same day he was "in search of solutions". Gareth Mills, a partner at law firm Charles Russell Speechlys, said the CMA was going to have to find a way through.
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