US Judge Blocks Microsoft-Activision Blizzard Merger
Microsoft-Activision Blizzard Merger in Jeopardy
Judge Edward J. Davila has ruled that the merger cannot proceed until five days after the court has made a decision on whether to issue an injunction against it. The court is scheduled to hear the FTC’s request for an injunction on June 22nd and 23rd, meaning that the earliest the companies can proceed with their plans would be the end of this month, assuming the court does not side with the agency. The commission stated in its filing that Microsoft’s control over Activision’s content could lead to the withholding or degradation of Activision’s content, resulting in diminished competition in terms of product quality, price, and innovation.