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FTC Pursues Administrative Case Against Microsoft's Activision Deal Despite Court Loss

  • FTC moving forward with administrative case against Microsoft's $69B Activision Blizzard acquisition despite court defeat.

  • FTC cannot block deal before Oct 18 deadline without injunction, faces criticism for wasting resources.

  • Microsoft has defeated FTC in court, gained EU approval, agreed with Sony to provide Activision games on PlayStation.

  • Microsoft submitted revised Activision deal to address UK regulator's concerns, now cleared for approval.

  • FTC internal judge to hear arguments against deal 21 days after appeals court rules whether it can go forward.

ign.com
Relevant topic timeline:
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Main topic: Microsoft's acquisition of Activision Blizzard Key points: 1. The UK's Competition and Markets Authority (CMA) has stated that Microsoft's revised agreement addresses previous concerns and clears the way for the deal to be approved. 2. The sale of Activision's cloud streaming rights to Ubisoft is a significant change that prevents Microsoft from gaining control of important content in cloud gaming. 3. The CMA still wants assurances that the provisions in the sale of cloud streaming rights cannot be circumvented, terminated, or not enforced, but believes Microsoft's offered remedies should resolve any remaining concerns.
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