Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen Guohei 001 for the clue delivery! CTOnews.com, June 4 (Xinhua)-- Microsoft CEO Brad Smith will meet with British Chancellor of the Exchequer Jeremy Hunt next week to express his dissatisfaction with CMA's decision to block it from buying Activision Blizzard for $69 billion (CTOnews.com Note: about 489.21 billion yuan).

▲ source: Microsoft

Smith will hold talks with Hunter and CMA officials in London, the report said. Earlier, CMA vetoed Microsoft's acquisition of Activision Blizzard on April 26. The report pointed out that British officials were unhappy with Smith's criticism of CMA in the interview. Mr Smith said in an interview that the EU, which approved the Microsoft deal, was more business-friendly than the UK.

▲ source: Microsoft Bloomberg quoted people familiar with the matter as saying that one extreme option for Microsoft may be to bypass the UK ban to press ahead with the deal, or even close Activision Blizzard's business in the UK market. Microsoft hopes to put pressure on the British government, confirming an earlier report by the Mlex news agency.

According to reports, an important argument for CMA to block Microsoft's acquisition is that the cost of game development is already unbearably high, and Microsoft's acquisition will further intensify market monopoly and push up game prices. CTOnews.com has previously reported that Microsoft cancelled the $1 Xbox Game Pass offer in March, and users had to pay a monthly subscription fee of $14.99 for Xbox Game Pass Ultimate (CTOnews.com Note: currently about RMB106).

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