US FTC eyes options after Microsoft/Activision loss, source says
WASHINGTON, July 17 (Reuters) - The U.S. Federal Trade Commission is considering its options after stinging losses last week in its bid to stop Microsoft's $69 billion deal to buy Activision, a source told Reuters on Monday amid expectations the agency's fight is nearing the end.
After a big loss last week in district court, the agency's remaining options are: pursue its fight in the internal FTC court; pursue its parallel case before the appeals court; pursue both; or settle with Microsoft or drop the matter entirely.
The source, who is familiar with the matter, declined to give any other details.
The acquisition could fundamentally reshape the console market by giving Microsoft access to Activision's programmers, who have pumped out hits like the "Call of Duty," "Diablo" and "World of Warcraft" series.
U.S. regulators, however, have said it could harm consumers by possibly limiting the reach of Activision's games.
US FTC eyes options after Microsoft/Activision loss, source says
The U.S. Federal Trade Commission is considering its options after stinging losses last week in its bid to stop Microsoft's $69 billion deal to buy Activision, a source told Reuters on Monday amid expectations the agency's fight is nearing the end.
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FTC are the only ones who have demonstrated they have balls