The Federal Commerce Fee (FTC) is suspending its administrative problem (PDF) searching for to dam Microsoft from shopping for Activision Blizzard. The FTC had taken a two-pronged method in opposition to the $68.7 billion deal, submitting this case final December that was scheduled to go earlier than its personal administrative choose on August 2nd.
The opposite half was its pursuit of a brief restraining order and preliminary injunction that might have stopped Microsoft closing its deal whereas the FTC’s administrative course of continued. A US federal choose denied the injunction request earlier this month, and an appeals courtroom additionally turned down its request to place an emergency maintain on the deal. The FTC continues to be interesting the preliminary injunction denial, although.
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