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FTC loses again, Microsoft is now clear to close the Activision-Xbox deal in the US (www.windowscentral.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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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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[–] [email protected] 2 points 1 year ago

Next step in the saga, Sony buys off EA as a counter attack.