Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules

  • 📰 KPRC2
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard.

U.S. District Judge Jacqueline Scott Corley said in a ruling that the merger deserved scrutiny, noting it could be the largest in the history of the tech industry. But federal regulators were unable to show how it would cause serious harm and wouldn't likely prevail if they took it to a full trial, she wrote.

“Our merger will benefit consumers and workers. It will enable competition rather than allow entrenched market leaders to continue to dominate our rapidly growing industry,” Kotick said in a written statement after Tuesday's ruling. The decision is a setback for the FTC’s heightened scrutiny of the technology industry under Chairperson Lina Khan, who was

Corley, herself a Biden nominee, expressed skepticism about the FTC’s case during the proceedings, particularly about the hypothetical harms caused if Microsoft were to remove Call of Duty from rival platforms or offer a subpar experience on competing consoles.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 80. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rulesA federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard.
Sumber: AP - 🏆 728. / 51 Baca lebih lajut »

Microsoft Can Close $69 Billion Activision Blizzard Merger, Judge RulesThe Federal Trade Commission sought to stop the massive merger, arguing it would stifle competition—but a judge sided with Microsoft and Activision Blizzard.
Sumber: Forbes - 🏆 394. / 53 Baca lebih lajut »

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rulesA federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard.
Sumber: CBSNews - 🏆 87. / 68 Baca lebih lajut »

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rulesA federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard.
Sumber: ABC7Chicago - 🏆 284. / 63 Baca lebih lajut »