The court has set a date of June 22 and 23 for a hearing on the FTC’s preliminary injunction, seeking to halt the deal.
A California federal court Tuesday granted the Federal Trade Commission's request by issuing a temporary restraining order blocking Microsoft from closing its nearly $70 billion purchase of video games publisher Activision Blizzard, pausing a deal that has invited regulatory scrutiny both in the U.S. and abroad.... [+]halts both Microsoft and Activision from completing the deal with a hearing on the case scheduled for June 22 and 23.
The temporary restraining order will remain in place until the court rules on the FTC’s preliminary injunction against the deal, which the agencyIn its filing, the FTC has expressed concern that Microsoft and Activision may attempt to “consummate” the deal before its internal court issues a ruling on an antitrust suit brought against the deal by the agency.
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