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UK PM attacks CMA and communicates via direct message on LinkedIn about an issue that occurred regarding a purchase situation between Microsoft and Activision and continued nerves from CMA did not just block purchases otherwise take the restrictions to the next level. Rishi Sunak, the Prime Minister of the United Kingdom, wanted to send a direct message to CMA with the statement and accidentally announced that major changes were coming.

The purpose of sending this message publicly is announced that the government would carry out reforms of all regulatory agencies in the country in various phases, meaning that these reforms lead to job creation and business and not the other way around, as was the case with the Activision Blizzard purchase. It is not yet clear when these reforms will begin or the immediate impact over time on the purchase agreement.

The British Prime Minister attacked the CMA and announced immediate reforms in the regulatory body to boost business and jobs

“I want to make it as easy as possible for UK businesses to prosper.

Therefore we need a regulatory system in England that doesn’t become a constraint. It must enable companies to do what they do best: create jobs and grow the economy.

We have announced the Edinburgh reforms, a series of reforms to boost growth and competitiveness in the financial services sector.”

It’s no secret that CMA has continuously over the last few years been very loud with most companies always provide constraints and constraints on the process of buying and selling and other processes. The world’s major technology companies have seen after the results of the Activision and Microsoft purchase decisions, that CMA is not open to great investments and opportunities.