Later today, the UK's Competition and Markets Authority (CMA) is set to give its verdict on Microsoft's proposed $69bn …
that the takeover"will not result in a substantial lessening of competition in relation to console gaming in the UK", though concerns around cloud gaming remain.Should Microsoft gain approval in Europe, its plan is to close the merger for $95 a share, a source told the New York Post.
However, the FTC could still file for a temporary injunction from a US Federal court to prevent the merger closing, though this could fail depending on today's result. "If Microsoft makes a deal with the Brits and the European Union it can say that antitrust concerns are resolved, and if you're a judge that's not a helpful fact for the FTC."
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