yahoo Microsoft Wins FTC Case, Merger Won't Be Blocked

[UltraMega]

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“This Court’s responsibility in this case is narrow. It is to decide if, notwithstanding these current circumstances, the merger should be halted—perhaps even terminated—pending resolution of the FTC administrative action,” Corley wrote. “For the reasons explained, the Court finds the FTC has not shown a likelihood it will prevail on its claim this particular vertical merger in this specific industry may substantially lessen competition. To the contrary, the record evidence points to more

consumer access to Call of Duty and other Activision content.”

 

The court’s temporary restraining order, which was issued before a weeklong hearing to decide whether the merger should be temporarily blocked, will expire on July 14 unless the FTC wins a stay pending an appeal from the U.S. 9th Circuit Court of Appeals. The agency could continue to pursue a case before its in-house judge in a trial set to start Aug. 2. If not, Microsoft can close the deal by July 18.

 

Microsoft Wins FTC Brawl Over $69B Activision Blizzard Deal as Merger Nears Close

WWW.YAHOO.COM

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Microsoft’s $69 billion bid to become a video game behemoth by buying Activision Blizzard is one step closer to...

 

 

Still think they should have bought Ubisoft instead, but it will be cool to play through a decades worth of COD games once they drop on game pass. 

 

[UltraMega]

Is this thread showing up twice for anyone else? Once in the news section, once in the threads section on the main page? @ENTERPRISE

[schuck6566]

2 hours ago, UltraMega said:

Is this thread showing up twice for anyone else? Once in the news section, once in the threads section on the main page? @ENTERPRISE

I see it under latest news and latest post.

[schuck6566]

They still have the UK's CMA and another FTC antitrust injunction to get past.

 

Microsoft wins FTC trial, allowed to buy Activision Blizzard

WWW.GAMEDEVELOPER.COM

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The California court has ruled in favor of Microsoft in its trial with the FTC, and the Xbox maker can continue with its deal to acquire...

Edited July 12, 2023 by schuck6566