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fontoklaew22
Posts : 2
Join date : 2023-06-13

 US judge temporarily blocks Microsoft acquisition of Activision Empty US judge temporarily blocks Microsoft acquisition of Activision

Wed Jun 14, 2023 12:14 am
A US judge late on Tuesday granted the Federal Trade Commission’s (FTC) request to temporarily block Microsoft Corp’s acquisition of video game maker Activision Blizzard and set a hearing next week.

US District Judge Edward Davila scheduled a two-day evidentiary hearing on the FTC’s request for a preliminary injunction for June 22-23 in San Francisco. Without a court order, Microsoft could have closed on the $69 billion deal as early as Friday.

The FTC, which enforces antitrust law, asked an administrative judge to block the transaction in early December. An evidential hearing in the administrative proceeding is set to begin Aug. 2.
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