FTC renews legal challenge to Microsoft’s $69B purchase of Activision

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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Source:: Computerworld