Microsoft-Activision deal moves closer as judge denies FTC injunction request
Publishing timestamp: 2023-07-12 08:58:30
Summary
A federal judge in San Francisco has ruled in favor of Microsoft and Activision Blizzard, denying the Federal Trade Commission's motion to stop Microsoft's acquisition of Activision Blizzard. The deal still faces opposition from the Competition and Markets Authority in the UK. The judge's decision allows the deal to proceed, but the FTC can bring the case to the U.S. Court of Appeals. Both companies are now focusing on resolving concerns in the UK.
Sentiment: MIXED
Keywords: gaming software, technology, products and services, breaking news: technology, microsoft corp, activision blizzard inc, laws, enterprise, business, lawsuits, satya nadella, business news,