Jul. 17, 2023
9th Circuit rejects FTC’s bid to stall Microsoft-Activision deal
The panel is sticking with a briefing schedule for the FTC’s appeal of U.S. District Judge Jacqueline Scott Corley’s Thursday decision denying an injunction to block the merger.
A 9th U.S. Circuit Court of Appeals panel on Friday rejected the Federal Trade Commission’s bid for a temporary pause to block Microsoft Corp. from acquiring Santa Monica-based Activision Blizzard Inc., which makes the popular “Call of Duty” game.
The ruling leaves British antitrust authorities as the only holdup to the $69 billion Microsoft-Activision combination, which the companies hope to close on Tuesday.
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