:The U.S. Federal Trade Commission will seek a court order to block Microsoft Corp's acquisition of Activision Blizzard, a source familiar with a planned court filing said on Monday.
Microsoft's bid to acquire the"Call of Duty" videogame maker in a $69 billion deal was approved by the EU in May, but British competition authorities blocked the takeover in April.The FTC plans to make the filing seeking the order in the Northern District of California, the source said. Microsoft has said the deal would benefit gamers and gaming companies alike, offering to sign a legally binding consent decree with the FTC to provide"Call of Duty" games to rivals including Sony for a decade.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US FTC seeks to block Microsoft's acquisition of Activision: CNBCThe US Federal Trade Commission will file an injunction blocking Microsoft Corp's acquisition of Activision Blizzard, CNBC reported on Monday. Microsoft is seeking to acquire the 'Call of Duty' videogame maker in a US$69 billion deal.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US FTC seeks to block Microsoft's acquisition of Activision: ReportThe US Federal Trade Commission will file an injunction blocking Microsoft Corp's acquisition of Activision Blizzard, a source familiar with a planned court filing said on Monday (Jun 12). Microsoft is seeking to acquire the Call of Duty videogame maker in a US$69 billion deal. The EU approved th
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US FTC seeks to block Microsoft's acquisition of Activision: ReportThe US Federal Trade Commission will file an injunction blocking Microsoft Corp's acquisition of Activision Blizzard, a source familiar with a planned court filing said on Monday (Jun 12). Microsoft is seeking to acquire the Call of Duty videogame maker in a US$69 billion deal. The EU approved th
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »