The FTC is moving forward with its in-house challenge to Microsoft’s Activision Blizzard deal

[John Elden Ring]

The decision follows a US appeals court’s decision to deny the FTC’s bid to pause the acquisition in July.

As it stands, Microsoft and Activision appear set to complete their $69 billion merger ahead of an October 18 deadline after the UK’s Competition and Markets Authority provisionally approved the deal last week.

According to Bloomberg, the latest development means the FTC can technically continue to challenge the deal even after it closes but it is unlikely to stop it from going through.

The FTC continues to believe this deal is a threat to competition

Said FTC spokesperson Victoria Graham.

She said the FTC is placing the issue on the commission’s calendar, but that “our current focus is on the federal appeal process.”

In response to today’s news, an Activision spokesperson said:

We’re focused on working with Microsoft toward closing. How the FTC uses limited taxpayer dollars is its decision

 

[Johnic]

I see Lulu's making a fool of herself again. They need to lock a few of these morons up to teach the rest some manners.

Also, this is useless.

 

[KiryuRealty]

As I expected.

The injunction was never going to be the end of it, even before all that juicy stuff came out in the leaks.

Microsoft is in the position now of internal communications showing clear anticompetitive intent being public knowledge. This could, and honestly should, be a total bloodbath.

 

[reziel]

As I expected.

The injunction was never going to be the end of it, even before all that juicy stuff came out in the leaks.

Microsoft is in the position now of internal communications showing clear anticompetitive intent being public knowledge. This could, and honestly should, be a total bloodbath.

Or will it? Dun dun duuuuunnn.

 

[Entropi]

The FTC is useless if the politicians and judges are in MS’s pockets.

 

[ĿᐄṾᐄṆↁ3☈]

Lots of Xbots on the youtubes were creaming their jeans at the time when the CMA 'approved' the deal and I told them that this was far from over and that The likelihood of this deal actually happening is small at best. Smaller now with the Xbox leaks of late and the revelations they have brought upon the masses.

 

[anonpuffs]

Y'all are gonna be disappointed if you have any sort of faith in the FTC. US govt is one of the most corrupt institutions in the world

 

[Zzero]

As I expected.

The injunction was never going to be the end of it, even before all that juicy stuff came out in the leaks.

Microsoft is in the position now of internal communications showing clear anticompetitive intent being public knowledge. This could, and honestly should, be a total bloodbath.

For all of your posts saying the deal was dead, yes, a total bloodbath.

 

[KiryuRealty]

Lots of Xbots on the youtubes were creaming their jeans at the time when the CMA 'approved' the deal and I told them that this was far from over and that The likelihood of this deal actually happening is small at best. Smaller now with the Xbox leaks of late and the revelations they have brought upon the masses.

90% of those idiots thought the injunction hearings WERE the FTC process.

It seems that Xbox has a Special Needs fanbase a lot of the time.