this post was submitted on 13 Jul 2023
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TeCHnology

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US FTC asks court to halt Microsoft's acquisition of Activision (www.reuters.com)
submitted 2 years ago by _Frog@feddit.ch to c/technology@feddit.ch
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The U.S. Federal Trade Commission asked a federal court on Thursday to order Microsoft (MSFT.O) to hold off on closing its $69 billion purchase of "Call of Duty" maker Activision Blizzard (ATVI.O).

A federal judge had ruled for Microsoft on Tuesday, saying the agency had failed to show the deal would be illegal under antitrust law. The FTC appealed that loss late on Wednesday, and Microsoft has said it would fight that appeal.

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