Microsoft can now go ahead and close its giant deal.

FTC v. Microsoft is over, and the judge has decided to deny the FTC’s preliminary injunction request.

@[email protected]
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62Y

European regulators gave the deal the go-ahead in May, so Microsoft could now technically close without the UK and without an injunction in the US preventing it. That’s a complicated scenario though, so we’ll likely see Microsoft and Activision Blizzard temporarily extend their merger agreement to cover the CMA appeal process instead

It’s not clear to me what “without the UK” means?

Dudewitbow
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12Y

UK is the only one to block the deal, and microsoft is willing to pull out of the UK market if it meant Activision buyout would go through.

@[email protected]
creator
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32Y

It would have meant that the companies operate separately inside the UK, but even that now appears to be settled: https://twitter.com/jordannovet/status/1678791895449841665

@[email protected]
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32Y

Does it? That tweet sounds like both Microsoft & Activision and the CMA have agreed to pursue an appeal ASAP, not that Microsoft/Activision have the go ahead from the UK?

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