FTC loses again, Microsoft is now clear to close the Activision-Xbox deal in the US
FTC loses again, Microsoft is now clear to close the Activision-Xbox deal in the US
www.windowscentral.com FTC loses again, Microsoft is now clear to close the Activision-Xbox deal in the US
Full steam ahead.
tl;dr from the article:
What you need to know
- The FTC is trying to stop Microsoft's acquisition of Activision Blizzard for almost $69 billion.
- After having a preliminary injunction denied, the FTC appealed the decision to the United States Ninth Circuit Court of Appeals, appealing the decision and seeking injunctive relief.
- The injunctive relief, which would've extended the existing temporary restraining order, has been denied.
- Microsoft can legally acquire Activision Blizzard in the U.S. very shortly.
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Next step in the saga, Sony buys off EA as a counter attack.
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