US federal court denies FTC’s request to block $69 Microsoft-Activision deal

US federal court denies FTC’s request to block $69 Microsoft-Activision deal.

In an unexpected twist. A US federal court has declined the FTC’s request to halt Microsofts $69 billion acquisition of Activision Blizzard.

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This court ruling follows a previous favorable ruling in Microsofts’ favor by a federal judge.

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FTC promptly filed an appeal, to which Microsoft declared its intent to fiercely contest.

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