Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules – The Denver Post

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. Regulators are seeking to ax the deal because they say it will hurt competition. U.S. District Judge Jacqueline Scott Corley said in a ruling that the Federal Trade Commission “has not shown a likelihood it will prevail.” The case was an important test for the FTC’s heightened scrutiny of the technology industry under Chairperson Lina Khan, who was installed by President Joe Biden in 2021 because of her tough stance on what she sees as monopolistic behavior by tech giants such as , Google and Facebook parent Meta.

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules – The Denver Post

House Republicans interrogate FTC's Khan over regulation of Big Tech – The Denver Post

Breaking Down the Biggest Stories of 2022

1 Word Explains the Biggest Challenge Facing Microsoft's $68.7 Billion Acquisition of Activision Blizzard

Microsoft's revamped $69 billion deal for Activision is on the cusp of approval

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules

07/13/23: Microsoft has won its initial battle with the U.S. Federal Trade Commission - Esports & Gaming Business