Commercial Awareness Quiz – May 2023

The Bank of England raised interest rates again in May. What were interest rates raised to?

Which of these tech firms reached a $1 trillion market valuation in May? 

Which one of these social media apps was banned in the US state of Montana over security concerns? This app took legal action attempting to block the ban.

One of these rappers sued spirit maker Diageo for racial discrimination over their handling of his alcohol brand. Which rapper was it?

The UK government announced plans to limit employment non-compete clauses. What would be the maximum length of non-compete clauses under the proposals?

Non-compete clauses prevent ex-employees from joining a competitor for a specified period of time.

US law firm Shearman & Sterling is set to merge with one of these Magic Circle law firms. Which one was it?

Which of these jurisdictions approved Microsoft's $69 billion acquisition of Activision Blizzard in May? This followed the UK competition authority's decision to block the deal earlier in the month.

Which of these companies agreed to buy GIF platform Giphy for $53 million in May? This follows Meta's failed attempt to buy Giphy for $400 million.

The UK government unveiled the Renters (Reform) Bill in May. Which of these measures was not proposed?

Which of these musicians won his copyright lawsuit against the heirs of Marvin Gaye? The heirs claimed the artist copied Marvin Gaye’s “Let’s Get It On” in one of his songs released in 2014.