The FTC’s concern was that the deal would potentially preclude the availability of those videogames on other platforms.
The court separately extended its temporary restraining order to Friday at 11:59 pm to allow the Federal Trade Commission to appeal.
The FTC had originally asked the judge to stop the proposed deal, arguing it would give Microsoft, maker of the Xbox gaming console, exclusive access to Activision games including the best-selling “Call of Duty.” The agency’s concern was that the deal would potentially preclude the availability of those videogames on other platforms.
Microsoft, maker of the Xbox gaming console, is seeking to buy “Call of Duty” maker Activision for $69 billion.REUTERS “Our merger will benefit consumers and workers. It will enable competition rather than allow entrenched market leaders to continue to dominate our rapidly growing industry,” Bobby Kotick, Activision Blizzard CEO said in a statement.
Microsoft President Brad Smith tweeted that the company was “grateful” for the “quick and thorough” decision.
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