FTC loses again, Microsoft is now clear to close the Activision-Xbox deal in the US (www.windowscentral.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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tl;dr from the article:

What you need to know

The FTC is trying to stop Microsoft's acquisition of Activision Blizzard for almost $69 billion.

After having a preliminary injunction denied, the FTC appealed the decision to the United States Ninth Circuit Court of Appeals, appealing the decision and seeking injunctive relief.

The injunctive relief, which would've extended the existing temporary restraining order, has been denied.

Microsoft can legally acquire Activision Blizzard in the U.S. very shortly.

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[-] [email protected] 4 points 1 year ago* (last edited 1 year ago)

Other countries around the world already approved this deal a long time ago.

The US has shown the most resistance.

[-] [email protected] 7 points 1 year ago

It’s still blocked in the UK.

[-] [email protected] 2 points 1 year ago

Well, the UK wants to negotiate more. The legal action has been paused.

this post was submitted on 15 Jul 2023

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