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Merger between Amazon and Roomba maker iRobot abandoned over competition concerns | Business News
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Plans by Amazon and vacuum cleaner maker iRobot to merge have been abandoned following concerns that the move would harm competition. The $1.4bn (£1.1bn) deal, which was first announced in August 2022, had previously been approved by UK regulators. But in November the European Commission expressed concerns the online retailer might give iRobot’s products preferential…
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Microsoft-Activision Blizzard merger nearly clear of obstacles – but future for gamers remains unclear | Science & Tech News
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Microsoft has cleared nearly all of the major obstacles in its path to securing the biggest acquisition in gaming history but, for gamers, the future remains unclear. The technology giant is nearly at the finish line of its protracted bid to take over Activision Blizzard, the hit video game developer, for $69bn (£52.9bn). But after…
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Competition watchdog to reopen talks with Microsoft over Activision Blizzard merger | Business News
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The UK competition watchdog is ready to reopen talks with Microsoft after the company agreed to halt legal proceedings over its planned merger with Activision Blizzard. The technology giant will attempt to restructure the $69bn (£56bn) deal to respond to the Competition and Markets Authority’s concerns after a breakthrough in the United States. A US…
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Microsoft-Activision merger: US court hearing begins over biggest ever tech deal | Business News
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Microsoft’s record takeover bid for video games giant Activision Blizzard has gone before a US federal court. The Windows and Xbox maker wants to buy the company best known for the Call Of Duty, Warcraft, and Diablo franchises for $69bn (£54.2bn). It would be the largest tech acquisition ever. But the UK competitions watchdog blocked…
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Microsoft-Activision Blizzard £55bn merger approved by EU – despite UK rejection | Science & Tech News
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The $68.7bn (£55bn) mega merger between Microsoft and game developer Activison Blizzard has been approved by the European Union, just weeks after it was blocked by the UK. European regulators said they accept commitments made by Microsoft that its offer to take over the developer behind Call Of Duty, would not lessen competition. In April,…