Two months after the US Federal Trade Commission stopped proceedings to block Microsoft’s $69 billion dollar acquisition of gaming studio Activision Blizzard, the federal agency has revived its challenge.
In a filing issued Wednesday, the FTC set a new schedule for hearings to be held in front of an administrative law judge in what amounts to an in-house trial at the government agency. The renewed legal challenge comes after the UK’s Competition and Markets Authority (CMA) reversed its own earlier decision to block the ruling, releasing a statement on September 22 that indicated that concessions made by Microsoft would be enough for the regulator to approve the deal.
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Two months after the US Federal Trade Commission stopped proceedings to block Microsoft’s $69 billion dollar acquisition of gaming studio Activision Blizzard, the federal agency has revived its challenge.In a filing issued Wednesday, the FTC set a new schedule for hearings to be held in front of an administrative law judge in what amounts to an in-house trial at the government agency. The renewed legal challenge comes after the UK’s Competition and Markets Authority (CMA) reversed its own earlier decision to block the ruling, releasing a statement on September 22 that indicated that concessions made by Microsoft would be enough for the regulator to approve the deal.To read this article in full, please click here Read More Computerworld
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