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Bank Earnings on Tap, Consumer Spending Pressures, and Investing With Higher Rates 10/13/23

Morning Call

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Microsoft's Takeover of Activision Blizzard Approved

The UK competition and markets authority has approved Microsoft's $69 billion takeover of Activision Blizzard, after concerns about monopolistic power in the cloud gaming market were addressed. The chapter also discusses the credibility of the CMA and its investigation into other US tech companies.

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