The Federal Trade Committee (FTC) has lost its appeal to judge its case against Microsoft’s acquisition of $ 68.7 billion on Activision Blizzard.
In 2023, and FTC request A preliminary judicial order to prevent companies from completing the deal while its legal challenge to acquire From 2022 It was under progress.
“By controlling Activision content, Microsoft will have the ability and incentives to block Activision content or deteriorate in ways to significantly reduce competition – including competition for product quality, price and innovation.” In her complaint.
Today, the Court of Appeal Committee confirmed this denial, As mentioned before Reuters. in Her opinion“Given the FTC’s failure to make a sufficient presentation regarding the possibility of success in the advantages of any of its theories, the provincial court correctly denied the FTC’s proposal to issue a preliminary judicial order on this basis,” the committee says.
The deal “The subject of an administrative procedure remains suspended in front of FTC”, according to today’s opinion.
FTC spokesman FTC Graham and Microsoft spokesperson Alex Horik rejected the comment.
