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The president of Microsoft said he was exploring for ways to attempt to gain British permission for the software giant's $69 billion (roughly Rs. 5,71,730 crore) acquisition of "Call of Duty" creator Activision Blizzard.
In April, British competition regulators banned the largest-ever gaming acquisition, a decision that Microsoft has subsequently challenged. President Brad Smith expressed optimism that the outcome may alter.
"I'm in search of solutions," Microsoft President Brad Smith said on Tuesday at the techUK Tech Policy Leadership conference in London.
"We want to address any concerns raised by regulators." We aim to fix any difficulties that arise. If the UK want to set regulatory criteria that exceed those of the EU, we must find a means to meet them."
He declined to comment on any meeting with the British government in the aftermath of the CMA's veto of the deal, which Smith had previously warned would shake confidence in the UK as a destination for tech firms.
The EU's competition regulators authorised the agreement in May after accepting Microsoft's proposed remedies, which were largely equivalent to those suggested in the UK.
Microsoft has also challenged the US Federal Trade Commission's decision to ban the merger on the grounds that it would limit competition, according to the agency.
Microsoft contested Britain's decision to prohibit its merger of Activision Blizzard last month, citing "fundamental errors" in the evaluation of Microsoft's cloud gaming services. The corporation acknowledged that it has filed an appeal with the Competition Appeal Tribunal (CAT) against the verdict.
According to the summary, the CMA's finding that the merger would result in a significant reduction in competition in the United Kingdom's cloud gaming industry was incorrect.
A possible early legal hurdle in the deal was also avoided when a US court last month declined to enable gamers in a private action to preliminarily stop the acquisition.