A key hurdle before the UK’s antitrust regulator remains.
A federal judge has sided with Microsoft and Activision Blizzard as they fought off the Federal Trade Commission’s attempt to block a deal between the two companies that would create a video gaming giant.is a stinging rebuke for the FTC in the biggest test yet of its ability to police competition in fast-moving technology markets, a key priority for agency Chair Lina Khan, an antitrust hawk appointed by President Joe Biden in 2021.
“The FTC has not shown it is likely to succeed on its assertion the combined firm will probably pull Call of Duty from Sony PlayStation, or that its ownership of Activision content will substantially lessen competition in the video game library subscription and cloud gaming markets,” Corley wrote in the 53-page, heavily redacted ruling.
“And maybe it also helped that they at least seemed to be less bullish on cloud,” Corley said in court, referring to Microsoft executive testimony during the hearing. “[B]ut they went out and they signed these agreements now with Nvidia to give them Activision’s content. How is that not good for consumers?”
The FTC has until the end of Friday to obtain a hold on the ruling from the Ninth Circuit. Before the hearing, Corley blocked the companies from closing pending the release of her ruling.
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