The Federal Commerce Fee (FTC) isn’t giving up following yesterday’s defeat in a federal court docket of its demand of a preliminary injunction to hinder Microsoft’s acquisition of Activision Blizzard.
The regulator’s counsel has filed a discover that it’s interesting with the ninth Circuit Courtroom of Appeals in opposition to the choice by Choose Jaqueline Scott Corley, who denied the injunction and rejected the FTC’s reasoning on the case.
In the meanwhile, wedon’t know what the arguments behind the enchantment will probably be, however the FTC is hoping to hinder the acquisition as soon as once more earlier than the Short-term Limiting Order it initially obtained expires on Friday at Midnight.
In case you’re fascinated with studying extra concerning the hearings that led to Choose Corley’s ruling, you’ll be able to learn our summaries of the primary day, second day, third day, and fourth day (together with Bobby Kotick and Satya Nadella’s testimonies).
We’ll have to attend and see whether or not the ninth Circuit Courtroom will discover any weaknesses in Choose Corley’s resolution.
On the opposite facet of the ocean, Microsoft and the CMA are pausing their litigation to barter an amicable finish to the British regulator’s opposition to the deal. Elsewhere, most regulators have dominated in favor of the acquisition, together with the latest selections by the European Union, China, South Korea, and South Africa, with a complete of 39 international locations clearing the acquisition. New Zealand expressed doubts concerning the deal and Canada expressed its disapproval with a letter, however neither has formally moved to dam the acquisition but.
