Xbox Series S Games Price – Activision Blizzard Expecting Accelerated Appeal Process
Activision and Microsoft are planning to appeal against the decision from the Competition and Markets Authority (CMA). CMA has decided to block its $69 billion deal due to concerns about the future of cloud gaming. Activision CEO, Bobby Kotick, criticizes the CMA’s decision as “irrational” and believes that it was not based on facts. So, the only option, for now, is to get these games for their normal Xbox Series S games price.
Xbox Series S Games Price –CMA’s Decision and the Appeal Process
The CMA shares concerns about the impact of the deal on the future of the cloud gaming market. So, it is preventing the deal from going through. However, Activision and Microsoft say that they will appeal the CMA’s decision.
The case will go to UK’s Competition Appeal Tribunal, and they aim to complete “straightforward” cases in under nine months. Activision and Microsoft are hoping that their appeal will be much quicker.
Activision CEO’s Criticism
During an interview with CNBC, Bobby Kotick criticized the CMA’s decision as “irrational” and not based on facts. He says that the transaction was only going to enhance opportunities for competition, employees, and players.
So, the ruling was “flawed in every respect,” according to Kotick. He believes that the appeals tribunal will rule in their favor.
This is because the CMA’s conclusions were so wrong that they would create a lessening of competition. So, that would basically be the opposite of what’s the CMA’s actual mission is.
The Impact on Competition
Kotick also believes that the CMA’s decision will have a negative impact on competition. He believes that the appeals tribunal will see this and rule in their favor.
However, whether the case gets a final decision before the current merger agreement expires on July 18 remains a mystery.
Experts’ Opinion on the Matter
Piers Harding-Rolls, research director of games at Ampere Analysis shared his views on the matter. He says that historically, most CMA appeals have been unsuccessful.
However, there is still a chance the Appeal Tribunal will overturn this decision. He also says that straightforward cases are dealt with within nine months but often take at least a few months.
Michael Pachter, the managing director of equity research at Wedbush Securities, believes that Microsoft can win the case on appeal.
He says that the CMA’s concerns can be addressed, and ultimately the ruling hinges on the CMA’s belief. So, Microsoft must convince them that they will not have pricing power due to their market lead in cloud gaming.
Xbox Series S Games Price – Another Few Months of Waiting
Now that we know Microsoft will appeal the decision from CMA, we can rest easy for a while. So, we can focus on playing games directly by buying them for a good Xbox Series S games price. If you are looking for some good recommendations, then we suggest that you start off with the latest remakes. A great option here is the new Dead Space game which is getting a lot of buzz for its quality.