On January 18, 2022, Microsoft’s acquisition of Activision, one of the world’s most-valuable gaming companies, was announced. In April 2023, the United Kingdom’s Competition and Markets Authority (CMA) blocked the deal on concerns that the deal could “alter the future of the fast-growing cloud gaming market, leading to reduced innovation and less choice for UK gamers over the years,” a decision that Microsoft appealed to a Competition Appeal Tribunal. A few months later, in July 2023, as previously reported in Minding Your Business, the FTC’s challenge to the deal in the United States fell short, leaving the UK as the only competition authority preventing the closing of the deal.
Eugenio Duron-Carielo
Eugenio Duron-Carielo is an associate in the Litigation Department and a member of the Commercial Litigation and Mass Torts & Product Liability and Trials Groups.
He earned his J.D. and M.B.A. degrees from New York University, where he was a Fellow at the Glucksman Institute for Research in Securities Markets, a staff editor for the NYU Tax Law Review, and President of NYU Law’s Dean’s Cup. While at NYU, he worked at the Commodities Futures Trading Commission, Division of Enforcement in New York City. Prior to law school, Eugenio graduated from The University of Texas with a B.B.A. in finance.