Microsoft has said it will appeal today's shock decision by UK regulators to block its $68.7bn Activision Blizzard acquisition - but how will this work, and could it still be a success?
Appealing today's decision will be a lengthy process for Microsoft, and hamper any chance of the deal being approved globally for months - and that's without the separate decisions still due from the US Federal Trade Commission and the EU's European Commission, both of which are still scrutinising the deal for themselves.
"According to the Competition Appeal Tribunal site, straightforward cases are aimed to be dealt with within nine months," games industry analyst Piers Harding-Rolls told Eurogamer today. "If the appeal is successful it is then returned to the CMA to review. This again will take some time.