- cross-posted to:
- gaming@beehaw.org
- cross-posted to:
- gaming@beehaw.org
tl;dr from the article:
What you need to know
- The FTC is trying to stop Microsoft’s acquisition of Activision Blizzard for almost $69 billion.
- After having a preliminary injunction denied, the FTC appealed the decision to the United States Ninth Circuit Court of Appeals, appealing the decision and seeking injunctive relief.
- The injunctive relief, which would’ve extended the existing temporary restraining order, has been denied.
- Microsoft can legally acquire Activision Blizzard in the U.S. very shortly.
What does the UK’s rejection of the merger mean going forward now that the US has allowed it to pass?
They’ll renegotiate, get some minor additional concessions and fall in line.