European shares fell on Monday as Richemont led a slide among luxury firms on weaker-than-expected organic sales growth and as lacklustre economic growth in China raised concerns about demand from the world's second-biggest economy.
The decision by Britain's antitrust regulator to rip up its play book for Microsoft shows the limit of its ability to kill mega-deals on its own, even if some agreed with its opposition to the U.S company's $69 billion acquisition of Activision Blizzard.
It’s almost a new dawn in videogames. After opposing Microsoft's $69 billion purchase of Activision Blizzard , Sony has signed an agreement over the latter's "Call of Duty" title. It will help the $2.6 trillion company appease regulatory holdouts, but Sony benefits too.
The U.S. Federal Trade Commission is considering its options after stinging losses last week in its bid to stop Microsoft's $69 billion deal to buy Activision, a source told Reuters on Monday amid expectations the agency's fight is nearing the end.
A U.S. appeals court on Friday rejected the Federal Trade Commission's request to pause Microsoft's $69 billion purchase of "Call of Duty" maker Activision Blizzard .