WASHINGTON: A US judge late on Tuesday granted the Federal Trade Commission's request to temporarily block Microsoft's acquisition of video game maker Activision Blizzard and set a hearing next week.
Davila said the temporary restraining order"is necessary to maintain the status quo while the complaint is pending preserve this court’s ability to order effective relief in the event it determines a preliminary injunction is warranted and preserve the FTC’s ability to obtain an effective permanent remedy in the event that it prevails in its pending administrative proceeding".
Davila said the bar on closing will remain in place until at least five days after the court rules on the preliminary injunction request. Microsoft's bid to acquire the"Call of Duty" video game maker was approved by the EU in May, but British competition authorities blocked the takeover in April.
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