Microsoft-Activision Settlement Approaches as Judge Denies FTC’s Request for Injunctive Relief
A federal judge in San Francisco has denied the Federal Trade Commission's motion for a preliminary injunction to prevent Microsoft from completing its acquisition of video game publisher Activision Blizzard.However, the deal is not entirely clear. The FTC can now appeal the decision to a federal appeals court, and the two companies must find a way to resolve the opposition from the UK Competition and Markets Authority.“The liability of this Court in this case is limited. It is to decide whether, despite these current circumstances, the merger should be halted, perhaps even rescinded, pending the resolution of the FTC's administrative…
