Microsoft for all intents and functions received its battle in opposition to the FTC and all different regulators who at one level appeared to cease its acquisition of Activision Blizzard.
The FTC particularly nevertheless, doesn’t know when to give up, at the least on this case because it’ll press on by difficult the acquisition via its in-house administrative decide.
This may now run alongside the FTC nonetheless interesting the July choice that allowed Microsoft to maneuver ahead with its acquisition, and prevented the FTC from placing a pause on the deal.
“The FTC continues to imagine this deal is a risk to competitors,” FTC spokesperson Victoria Graham informed Bloomberg. Graham additionally added that whereas this problem is being added to the FTC’s calendar, “our present focus is on the federal enchantment course of.”
It might nonetheless take a large effort for the FTC to unravel the deal at this level, and it may nonetheless attempt to take action even after the deal closes, although as Activision spokesperson Joseph Christinat identified, “how the FTC makes use of the restricted taxpayers {dollars} is its choice.”
Supply – [Bloomberg]
