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Technology

Jun. 29, 2023

Microsoft, Activision CEOs testify against FTC

Closing arguments scheduled Thursday in FTC’s attempt to halt merger.

Microsoft, Activision CEOs testify against FTC
Microsoft CEO Satya Nadella Photo Credit: New York Times

The evidentiary hearing to decide whether Microsoft Corp.'s merger with Activision Blizzard Inc. will be blocked until the Federal Trade Commission can complete a review of the $69 billion deal is drawing to a close after the chief executive officers of both companies testified Wednesday.

Closing arguments are scheduled for Thursday. Federal Trade Commission v. Microsoft Corporation et al., 23-cv-02880, (N.D. Cal., filed June 12, 2023).

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