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FTC to appeal Microsoft/Activision Blizzard merger | CNN Business

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The US Federal Trade Commission said it would appeal a decision from earlier this week by a district court judge allowing Microsoft to close its $69 billion Activision Blizzard merger

The legal filing comes after the FTC’s failed effort to block the deal over allegations that the merger would harm competition by giving Microsoft\n \n exclusive control over major video game titles such as “Call of Duty.” US District Judge Jacqueline Scott Corley said Tuesday she will not block Microsoft from closing the deal as the FTC had asked. The FTC had asked for a preliminary injunction while a separate legal challenge to the merger unfolds in the agency’s in-house administrative court.

Tuesday’s decision paved the way for Microsoft to potentially finalize the deal with Activision in a matter of days, ahead of a July 18 contractual deadline. Alternatively, the companies could mutually seek to extend that timeframe. Consummating the deal would turn Microsoft into the third largest video game publisher in the world, after Tencent and Sony.

 

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Microsoft's Activision acquisition moves ahead as judge rejects FTC injunction request | EngadgetA judge has rejected the Federal Trade Commission's attempt to block Microsoft from buying Activision Blizzard for $68.7 billion.
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