FTC files to block Microsoft from buying Activision Blizzard

An illustration of the Xbox logo.
Illustration by Alex Castro / The Verge

The Federal Trade Commission is asking for US courts to stop Microsoft from acquiring Activision Blizzard while the government’s bigger case to block the merger plays out. The FTC originally filed a legal challenge to try and block Microsoft’s proposed Activision Blizzard acquisition in December, and now it’s seeking a temporary restraining order and injunction from a US federal district court.

“Both a temporary restraining order and a preliminary injunction are necessary because Microsoft and Activision have represented that they may consummate the proposed acquisition at any time,” reads the FTC’s complaint.

The FTC filed its complaint just as Microsoft is progressing with its appeal against UK regulators’ decision to block its...

Continue reading…



from The Verge - All Posts https://ift.tt/6EiBenR

Comments

Popular posts from this blog

The Twitter board is reportedly not interested in Elon’s takeover offer

Amazon is acquiring a podcast hosting and monetization platform