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FTC trying to block Activision Microsoft deal

by on13 June 2023

Filing for an injunction

The Federal Trade Commission is set to file for an injunction seeking to block Microsoft’s proposed acquisition of Activision Blizzard.

By filing for an injunction, the FTC is seeking to stop the transaction from going through before the deal’s July 18 deadline.

The FTC had already sued to block the $68.7 billion acquisition, choosing to bring the case before its internal administrative law judge. Through that trial-like process, the judge would make an initial decision that could be appealed to the full commission for a vote. After that, Microsoft could appeal to a federal court should the decision not go its way. The case is set to go before the administrative law judge in August.

An appeal of the UK’s Competition and Markets Authority’s decision to block the merger is scheduled to take place this summer shortly after the acquisition deadline.

Microsoft President Brad Smith more or less said "bring it on." Smith said ““We welcome the opportunity to present our case in federal court. We believe accelerating the legal process in the US will ultimately bring more choice and competition to the market.”


Last modified on 13 June 2023
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