To start, the FTC has officially appealed the ruling for the preliminary injunction to the 9th Circuit Court of Appeals. In that post, I indicated that those combined reports threw into question whether the FTC would even bother appealing the ruling. The second were reports that Microsoft and the CMA were close on a restructuring of the deal that would lead to the CMA granting its approval of the purchase. The first was the FTC’s loss in court to get a preliminary injunction barring the two companies from consummating the purchase, potentially allowing them to close on the deal even as FTC litigation remains pending and the CMA in the UK works through Microsoft’s appeal of its blocking the deal. We just discussed media reports of two items related to the deal. Well, well, it appears that rumors of the death of the regulatory battle over the Microsoft and Activision Blizzard purchase have been greatly exaggerated. Fri, Jul 14th 2023 10:50am - Timothy Geigner
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