"UK appeals process expected to speed up after Microsoft's blocked deal with Activision"

Activision Blizzard CEO, Bobby Kotick, expects an "accelerated" appeals process after the UK competition regulator blocked the company's merger with Microsoft. Kotick slammed the decision as "irrational" and not based on fact. The case is set to be reviewed by the UK's Competition Appeal Tribunal, and Kotick anticipates the case to be fast-tracked. The current merger agreement expires on July 18, after which Activision Blizzard could walk away with a $3 billion termination fee.