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FTC plots lawsuit to block Microsoft from closing Activision deal

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Its planning to seek a court order blocking the transaction until the agency’s in-house court has a chance to rule on the deal.

, saying Activision titles like Call of Duty would bolster Microsoft’s edge over rivals in the small but growing cloud-gaming market.Microsoft President and Vice Chair Brad Smith met with UK Chancellor Jeremy Hunt this month to discuss the deal. When the CMA vetoed the deal in April, Smith said he was “very disappointed” with the decision, which he said had shaken “people’s confidence in technology in the UK.

The agency’s trial is set to begin Aug. 2 but isn’t likely to produce a decision till the end of the year. agreement expires on July 18. Though the agreement can be extended, Activision Blizzard has the option to walk away with a $3 billion break-up fee.

 

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