In the lawsuit between Activision Blizzard and Microsoft, Turkey gave “unconditional” approval to the purchase. The announcement was made by Lulu Cheng Meservey, Activision Blizzard CCO and Vice President of Corporate Affairs.
As the FTC’s efforts to block the purchase continue, it has been recently Microsoft, He won his lawsuit with the FTC. Until July 14, the FTC had the right to appeal the case. While many people thought that the FTC would not object, it was learned that the objection took place today.
While the discussions between Microsoft and Activision continue, Turkey’s acquisition “unconditional” reportedly approved.
Unconditional approval from Turkey to Microsoft
Activision Blizzard CCO and Vice President of Corporate Affairs Lulu Cheng Meservey In a post on his Twitter account, he said that Turkey had approved the purchase.
Meservey shared in the tweet, “Today, Türkiye has unconditionally approved our merger with Microsoft. Now one more country has made a thoughtful decision that protects consumers and competition rather than the established dominance of the market leader.” said.
As it is known, one of the biggest obstacles facing Microsoft It was the US Federal Trade Commission (FTC). In the lawsuit between Microsoft and the FTC on July 11, the decision was in favor of Microsoft.
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However, the FTC appealed the decision. Objection to the decision also puts the agreement between Microsoft and Activision Blizzard currently at risk. Because the two companies until 18 July to finalize the deal.