Microsoft and Activision are exploring a restructured version of their proposed $75bn tie-up in a move that could trigger a fresh UK antitrust probe, according to the regulator that last month blocked the original deal.
The Competition and Markets Authority said on Wednesday that the only way to return to the negotiating table would be to start from scratch with a new deal.
“Whilst merging parties don’t have the opportunity to put forward new remedies once a final report has been issued, they can choose to restructure a deal, which can lead to a new merger investigation,” the watchdog said in a statement on Wednesday. “The CMA is prepared to engage with them on this basis.”