Microsoft Overcomes FTC In Activision Blizzard Case

In the Activision Blizzard case, which turns into a snake story, Microsoft won its lawsuit against the Federal Trade Commission (FTC). The judge ruled in Microsoft’s favor, rejecting the FTC’s request for injunctive relief.

Last year Microsoft Activision BlizzardAfter the deal he made to buy 69 billion dollars, the waters never calmed down. The agreement, which is seen as the biggest trade deal in history, faced obstacles especially by the USA.

seen as the biggest obstacle to the agreement. US Federal Trade Commission (FTC), defeated Microsoft today. In the case between Microsoft, Sony and the FTC, the judge said, Microsoft announced the decision in favor.

Microsoft wins lawsuit against FTC

long-standing agenda Activision Blizzard – Microsoft The deal was blocked by the US Federal Trade Commission (FTC) last month. FTC’s acquisition of Microsoft’s Activision Blizzard interim injunction After the request to put it in, Microsoft temporarily Activision would not be able to buy Blizzard.

With the decision of the US court, Microsoft’s acquisitions of Activision Blizzard stopped for a while. The reason for this decision of the FTC is that this purchase will distort competition in the market And Microsoft will monopolize was the thought.

Deadline for completion of the acquisition as per the agreement between the two companies 18 July was determined as.

Microsoft won its battle with the FTC for the Activision Blizzard acquisition today. Judge Corley, He denied the FTC’s request for injunctive relief.

European regulators approved the deal between the two giants in May, so Microsoft can now technically complete the deal without an injunction preventing it in the UK and US.

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On the other hand, the FTC’s rejection of the court’s decision He has the right to appeal until 14 July. However, the FTC had not previously appealed the court ruling that allowed Meta to purchase Within. The commission will do the same again and instead of appealing, it has filed against Microsoft and Activision Blizzard. It is said that he will give up the case.

Source :
https://www.theverge.com/2023/7/11/23779039/microsoft-activision-blizzard-ftc-trial-win


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