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US FTC Revives Microsoft-Activision Deal Challenge

mercredi 27 septembre 2023, 18:01 , par Slashdot
The US Federal Trade Commission is reviving its challenge against Microsoft's $69 billion acquisition of video game company Activision, a move which may seek to unwind the deal after it closes. From a report: The agency will move forward with its in-house trial against the acquisition after pausing it over the summer, according to an order the agency issued Wednesday. The move means the FTC will continue challenging the deal even after it has closed this year. 'The commission has determined that the public interest warrants that this matter be resolved fully and expeditiously,' the agency wrote in a filing. 'Therefore, the commission is returning this matter to adjudication.' The decision comes months after a US appeals court denied the FTC's bid to pause the Microsoft-Activision acquisition in July. The FTC typically drops challenges to deals when they lose in federal court.

Read more of this story at Slashdot.

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mar. 5 déc. - 13:33 CET