The Federal Trade Commission (FTC) is asking for US courts to stop Microsoft from acquiring Activision Blizzard while the government’s bigger case to block the merger plays out.
“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.
“Press reports began circulating suggesting that defendants were seriously contemplating closing the proposed acquisition despite the pending administrative litigation and the CMA orders,” says the FTC complaint. That, mixed with an ongoing CMA appeal, could have forced the FTC to try and attempt to secure an injunction.
Bijay Pokharel
Related posts
Recent Posts
Subscribe
Cybersecurity Newsletter
You have Successfully Subscribed!
Sign up for cybersecurity newsletter and get latest news updates delivered straight to your inbox. You are also consenting to our Privacy Policy and Terms of Use.