this post was submitted on 13 Jul 2023
18 points (100.0% liked)

Gaming

19 readers
1 users here now

founded 2 years ago
 

Earlier this week, a judge ruled in favor of Microsoft in its fight with the FTC.

The Federal Trade Commission (FTC) says it is appealing a recent US federal court order that cleared the way for Microsoft to purchase Activision Blizzard. The FTC has filed a notice that it’s appealing Judge Jacqueline Scott Corley’s decision, but we won’t know the regulator’s arguments until the full appeal is submitted to the Ninth Circuit Court of Appeals.

you are viewing a single comment's thread
view the rest of the comments
[–] TheBeev@kbin.social 3 points 1 year ago (1 children)

Considering ABK are being delisted from the Nasdaq-100 this weekend, I’m guessing Microsoft will close regardless of this appeal?

[–] ampersandrew@kbin.social 3 points 1 year ago

That's my understanding. If the FTC is successful, I've been told they can start breaking up Microsoft under antitrust, but they couldn't prove that this acquisition harms competition in the gaming market.