FTC files appeal, again seeking to block Microsoft-Activision deal
The Federal Trade Commission on Thursday asked an appeals court to temporarily block Microsoft Corp.’s $69 billion acquisition of Activision Blizzard Inc. while it challenges a ruling earlier this week green-lighting the deal.
According to the filing, the FTC claims the judge applied the wrong legal standard to its request for a preliminary injunction, and erred in a number of other matters. The FTC has claimed the tie-up of a major videogame platform — Microsoft’s MSFT Xbox — with a major videogame publisher — Activision ATVI makes the wildly popular “Call of Duty,” among other titles — would be harmful to the videogame industry and consumers.
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