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Salaman
Jul 16, 2023, 3:49 PM
Microsoft’s efforts to seal its blockbuster deal to acquire Activision Blizzard just got a major victory by getting the green light to go forward in the US. A California judge denied the motion by the Federal Trust Commission (FTC) for a preliminary injunction to stop the Microsoft-Activision deal after listening to arguments from both Microsoft and the FTC.
For those who missed it, the FTC had earlier asked Corley to issue an injunction that put a temporary halt on Microsoft and Activision closing the deal before the FTC’s in-house judge could review it. In December, it had also filed a suit to block the deal and have an administrative law judge at the agency assess it.
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