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FTC to seek federal court order temporarily blocking Microsoft-Activision deal | CNN Business

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The Federal Trade Commission sued to prevent Microsoft and Activision-Blizzard from closing their $69 billion merger

The filing asks the US District Court for the Northern District of California for a temporary restraining order that could keep the companies from consummating the acquisition while the FTC’s in-house court is deliberating on the deal. The FTC sued Microsoft in the agency’s administrative court in December, challenging the deal as anticompetitive.

will ultimately bring more choice and competition to the market.” UK competition regulators have also challenged the deal, which promises to make Microsoft the world’s third-largest video game publisher after Tencent and Sony. The acquisition would give Microsoft control over popular franchises including “Call of Duty” and “World of Warcraft.

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