FTC Reportedly Plans to File an Injunction Against Microsoft's Acquisition of Activision Blizzard

. According to CNBC based on an unnamed source familiar with the matter, the agency has brought the case before an internal administrative law judge who is supposed to hear the case in August.its full legal weight

against the deal. That initial internal judge decision could then be brought to the commission for a full vote. If it goes the FTC’s way, Microsoft could then appeal. Gizmodo reached out to the FTC for comment, but we did not immediately hear back. We also reached out to Microsoft and Activision Blizzard for additional comments

. Microsoft President Brad Smith told CNBC the company wouldn’t mind an injunction, as that would bring the case before a federal judge and expedite

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTC set to file injunction to block Microsoft acquisition of Activision Blizzard: reportMicrosoft Corp. appears to have another headwind in its $69 billion acquisition of videogame publisher Activision Blizzard Inc. in the form of an injunction...
Source: MarketWatch - 🏆 3. / 97 Read more »

FTC will try to block Microsoft's acquisition of Activision BlizzardThe FTC had already sued to block the $68.7 billion acquisition, choosing to bring the case before its internal administrative law judge.
Source: CNBC - 🏆 12. / 72 Read more »