FTC suspends in-house antitrust lawsuit against Microsoft.

FTC suspends in-house antitrust lawsuit against Microsoft.

Microsoft’s Acquisition of Activision-Blizzard: FTC’s Case Takes a Breather

Microsoft’s Acquisition of Activision-Blizzard

Hey, gamers! We’ve got some juicy gaming news for you. The Federal Trade Commission (FTC) has hit a temporary pause button on its case against Microsoft’s plan to acquire Activision-Blizzard. It’s like a game that’s been put on hold, but fear not, the action will resume soon!

Initially, the FTC decided to flex its legal muscles by not only suing Microsoft in-house but also filing for a restraining order to prevent the acquisition from happening. Unfortunately for the FTC, their request was denied by a US district court. It seems like someone didn’t level up their legal skills 🤷‍♂️. Multiple appeals from the FTC also proved futile.

The district court ruling made it clear that the FTC’s arguments against Microsoft’s deal were as effective as a water gun against a fire-breathing dragon. It’s safe to say that even if the case went before its own administrative judge, the outcome wouldn’t have been any different. Microsoft, on the other hand, has leveled up its defense by securing a deal with Sony, ensuring that Call Of Duty remains available on PlayStation consoles for the next decade. Talk about a power move! 💪

Hold onto your controllers, though, because this might not be the end. While the FTC might regroup and bring their administrative challenge back to the table, Microsoft isn’t backing down. They recently negotiated an extended deadline for the purchase, buying themselves more time until October 18. However, there’s still one pesky obstacle remaining in Microsoft’s path—the UK’s Competition and Markets Authority (CMA). They’ve put a block on the deal, but negotiations are underway to overcome it.

So, fellow gamers, the battle between Microsoft and the regulatory powers continues. Will Microsoft emerge victorious, or will the FTC manage to resurrect its administrative challenge? Only time will tell. In the meantime, let’s grab our favorite gaming snacks, fire up our consoles, and dive into the ever-evolving world of gaming. Stay tuned, and game on! 🎮✨