Microsoft
USA's FTC Poised to Drop Injunction on Xbox's $69 Billion Activision Blizzard Buyout | Push Square
The USA’s antitrust department the Federal Trade Commission is allegedly planning an injunction which it hopes will temporarily halt Microsoft’s long-running attempted acquisition of Activision Blizzard. You may recall that the FTC moved to block the deal last year, with a hearing due on 2nd August, after the merger’s 18th July deadline expires. Now, the division is seeking an injunction with a US District Court to prevent the deal from closing prior to the aforementioned hearing.