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# Microsoft and Activision considering modifying their merger deal
The Competition and Markets Authority (CMA) has stated that while merging parties usually cannot propose new remedies once a final report has been issued, they do have the option to restructure a deal, which could initiate a new merger investigation. In this case, Microsoft and Activision have expressed their interest in exploring how the transaction could be modified, and the CMA is willing to engage in discussions with them on this basis. It should be noted, however, that these discussions are still in the early stages, and further details regarding the next steps and their timing will be determined later on. Both parties have requested a pause in Microsoft’s appeal to allow for these discussions to proceed, although it is important to emphasize that the CMA’s decision outlined in its final report remains unchanged.
# Parties can restructure the deal to trigger a new merger investigation
Normally, once a final report has been issued, parties involved in a merger do not have the opportunity to propose new remedies to address any concerns raised by regulatory bodies. However, they do have the option to restructure the deal, which could potentially spark a new merger investigation. In the case of Microsoft and Activision, they are now considering how to modify their transaction. The CMA has made it clear that it is open to engaging in discussions with the merging parties regarding these potential modifications. It is important to remember, though, that these discussions are still in their early stages, and further details on the next steps to be taken and the timeline for these actions will be determined later on. Both companies have requested a pause in Microsoft’s appeal to allow for these discussions to take place. Nevertheless, it is crucial to highlight that the CMA’s decision, as stated in its final report, remains unchanged.
# The possibility of modifying the merger deal is being explored by Microsoft and Activision
Microsoft and Activision are currently contemplating the option of modifying their merger deal, according to an announcement by the Competition and Markets Authority (CMA). While parties involved in a merger typically do not have the opportunity to propose new remedies once a final report is issued, they can choose to restructure the entire deal, which could result in a fresh investigation by regulatory bodies. Microsoft and Activision have expressed their interest in exploring modifications to their transaction, and the CMA has shown its willingness to engage in discussions with the companies based on these potential changes. It is worth noting that these discussions are still in their early stages, and further information regarding the nature and timing of the next steps will be provided at a later date. Both parties have requested a pause in Microsoft’s appeal to allow these discussions to progress. However, it is important to emphasize that the CMA’s decision, as outlined in its final report, remains in effect.
