Домой United States USA — IT US Judge Temporarily Blocks Microsoft Activision-Blizzard Deal Following FTC Motion

US Judge Temporarily Blocks Microsoft Activision-Blizzard Deal Following FTC Motion

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A judge has temporarily blocked the Microsoft Activision-Blizzard deal after the FTC filed for a preliminary injunction earlier this week.
A judge has temporarily blocked the Microsoft Activision-Blizzard megadeal after the FTC filed for a preliminary injunction earlier this week.
As said, due to concerns over Microsoft potentially closing the highly-debated merger with Activision-Blizzard ahead of the closing deadline next month, the US Federal Trade Commission (FTC) filed a motion to temporarily block the deal. The United States District Court has now temporarily blocked the deal while the order is being considered. As ruled by the judge in this case, this is necessary in order to «maintain the status quo while the Complaint is pending, preserve this Court’s ability to order effective relief in the event it determines a preliminary injunction is warranted, and preserve the FTC’s ability to obtain an effective permanent remedy in the event that it prevails in its pending administrative proceeding», the official document from the court reads.

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