Jun. 15, 2023
FTC feared Activision deal would close before review, experts say
“This move suggests that the agency believes (and has some evidence) that unless it acts, the deal might close in the short term,” Daniel Francis, former deputy director of the FTC’s Bureau of Competition, commented.
The Federal Trade Commission likely felt speed was of the essence if it wanted time to review the acquisition deal between Microsoft Inc. and Activision Blizzard Inc., because it was ready to close, legal experts said Wednesday.
U.S. District Judge Edward Davila seemed to have agreed, issuing the order Tuesday before transferring the case to another judge, who had earlier denied a preliminary injunction request by individual plaintiffs in ...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In