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submitted 1 year ago* (last edited 1 year ago) by nihilx7E3@beehaw.org to c/technology@beehaw.org

tl;dr from the article:

What you need to know

  • The FTC is trying to stop Microsoft's acquisition of Activision Blizzard for almost $69 billion.
  • After having a preliminary injunction denied, the FTC appealed the decision to the United States Ninth Circuit Court of Appeals, appealing the decision and seeking injunctive relief.
  • The injunctive relief, which would've extended the existing temporary restraining order, has been denied. 
  • Microsoft can legally acquire Activision Blizzard in the U.S. very shortly.
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[-] pixel@beehaw.org 1 points 1 year ago

What does the UK's rejection of the merger mean going forward now that the US has allowed it to pass?

[-] TheHalc@sopuli.xyz 2 points 1 year ago

They'll renegotiate, get some minor additional concessions and fall in line.

this post was submitted on 15 Jul 2023
19 points (100.0% liked)

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