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this post was submitted on 08 Feb 2024
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As pessimistic as it sounds, I think you're right. There's likely some back pay they will have to give to the workforce they fired, which is a pittance compared to what they stand to earn as they milk their purchase dry.
If the appellate court is unhappy with the lower court's ruling, then there is no reason for it not to reverse it and tell Microsoft to stop the process of merging with Activision until the proceedings have completed. Admittedly this outcome might be inconvenient for Microsoft and Activison, but it is not the job of the court to care about this.