Although the U.S. courtturn downThe Federal Trade Commission recently applied for an injunction to prevent Microsoft from acquiring Activision Blizzard, but the Commission subsequently appealed to the court and earlier applied for a new temporary injunction to prevent Microsoft from completing the transaction before the appeal is decided.
Since the appeal filed by the U.S. Federal Trade Commission will not be heard until August this year, and considering that the deadline for the transaction between Microsoft and Activision Blizzard is July 8, the company hopes to temporarily suspend the completion of the transaction through a temporary injunction.
In a previous ruling, the court held that the relevant testimony highlighted that Microsoft's acquisition of Activision Blizzard was actually more conducive to market consumers obtaining Activision Blizzard-published game content, including "Call of Duty," including Microsoft's commitment to fairly provide games to industry players such as NVIDIA and Nintendo for at least the next 10 years, and to allow more consumers to easily access game content through its game subscription service Xbox Game Pass.
On the other hand, Microsoft also reached an agreement with the UK Competition and Markets Authority (CMA). The two parties will suspend the lawsuit regarding the acquisition of Activision Blizzard and plan to resolve the UK Competition and Markets Authority's concerns about the transaction through discussions.
As for regulatory agencies in countries and regions including China, South Korea, and Japan, they have all unconditionally approved Microsoft's acquisition of Activision Blizzard. Even the EU regulators, who initially had objections to the deal, subsequently agreed to Microsoft's transaction.
