Microsoft Corp evaded a potential early legal obstacle in its $69 billion deal to acquire 'Call of Duty' videogame maker Activision Blizzard Inc, when a U.S. judge on Friday refused to allow gamers in a private suit to preliminarily block the acquisition.The private plaintiffs sued Microsoft in California
Microsoft Corp evaded a potential early legal obstacle in its $69 billion deal to acquire"Call of Duty" videogame maker Activision Blizzard Inc, when a U.S. judge on Friday refused to allow gamers in a private suit to preliminarily block the acquisition.
U.S. District Judge Jacqueline Scott Corley in San Francisco federal court said in a ruling issued late on Friday night that the video gamers had not shown they would be"irreparably harmed" if the merger were allowed to proceed before she rules on the merits of their case.Corley pushed back on the gamers' allegation that Microsoft would limit availability of the game.
Joseph Alioto said the court concluded that a preliminary injunction"was not necessary at the moment," but said the"evidence is very strong" that the proposed acquisition violates U.S. antitrust law. British competition authorities rejected the deal, which would be the largest-ever in the gaming industry. Microsoft faces a May 24 deadline to appeal the decision.Corley dismissed the gamers' first lawsuit in March, ruling that plaintiffs had not offered adequate factual support for claims that the deal would violate U.S. antitrust law.
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