{"id":50148,"date":"2023-07-12T09:11:44","date_gmt":"2023-07-12T09:11:44","guid":{"rendered":"https:\/\/www.ginx.tv\/ftc-leaning-towards-appealing-microsoft-activision-verdict"},"modified":"2023-07-12T09:11:44","modified_gmt":"2023-07-12T09:11:44","slug":"ftc-leaning-towards-appealing-microsoft-activision-verdict","status":"publish","type":"post","link":"https:\/\/www.ginx.tv\/en\/ftc-leaning-towards-appealing-microsoft-activision-verdict","title":{"rendered":"FTC Leaning Towards Appealing Microsoft Activision Verdict"},"content":{"rendered":"<p>According to sources at <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-11\/ftc-leaning-toward-appealing-microsoft-activision-loss?in_source=embedded-checkout-banner&amp;leadSource=uverify%20wall#xj4y7vzkg\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a>, the FTC could be looking to file an appeal against the Microsoft-Activision case as soon as today.&nbsp;<\/p>\n<p>A preliminary injunction was denied on Tuesday, which would have blocked the deal from being completed until the US regulator had been able to rule on various circumstances surrounding the case itself.&nbsp;<\/p>\n<div class=\"rsp-embed-container\" contenteditable=\"false\">\n<blockquote class=\"twitter-tweet\" data-lang=\"en_US\">\n<p dir=\"ltr\" lang=\"en\">1\/We&#8217;re grateful to the court for swiftly deciding in our favor. The evidence showed the Activision Blizzard deal is good for the industry and the FTC&rsquo;s claims about console switching, multi-game subscription services, and cloud don&rsquo;t reflect the realities of the gaming market.<\/p>\n<p>&mdash; Phil Spencer (@XboxP3) <a href=\"https:\/\/twitter.com\/XboxP3\/status\/1678785930079944704?ref_src=twsrc%5Etfw\">July 11, 2023<\/a><\/p><\/blockquote>\n<p><script src=\"https:\/\/platform.twitter.com\/widgets.js\" async><\/script>\n<\/div>\n<p>Microsoft first announced that it was intending to purchase Activision Blizzard back in January 2022, in a deal that would be worth &#36;69 billion dollars. However, the Federal Trade Commission and the Competition and Markets Authority both filed complaints in an attempt to block the acquisition due to a perceived monopoly, meaning both have to go through a court case against Microsoft to discuss the merger. While the FTC case has come to a conclusion in which Microsoft is now able to proceed with the Activision Blizzard merger, a CMA trial has yet to go underway and will take place later this year.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to sources at Bloomberg, the FTC could be looking to file an appeal against the Microsoft-Activision case as soon as today.&nbsp; A preliminary injunction&#8230;<\/p>\n","protected":false},"author":12865,"featured_media":50149,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"tags":[],"class_list":["post-50148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-video-games","genre-lifestyle","content_type-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FTC Leaning Towards Appealing Microsoft Activision Verdict - 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He&rsquo;s also been featured in the Daily Star, giving a five-star review to Midnight Suns. When he&rsquo;s not playing a Kaizo Mario hack or replaying a Pokemon game, you can find him engrossed in a single-player story title like Kingdom Hearts or Final Fantasy VII Remake. 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