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submitted 1 year ago* (last edited 1 year ago) by nihilx7E3@beehaw.org to c/technology@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.
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[-] abhibeckert@beehaw.org 3 points 1 year ago* (last edited 1 year ago)

Other countries around the world already approved this deal a long time ago.

The US has shown the most resistance.

[-] KilgoreTrout@beehaw.org 5 points 1 year ago

It’s still blocked in the UK.

[-] SweetBilliam@midwest.social 2 points 1 year ago

Well, the UK wants to negotiate more. The legal action has been paused.

this post was submitted on 15 Jul 2023
20 points (100.0% liked)

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