U.S. judge rules Microsoft’s US$69-billion deal to buy Activision Blizzard can go forward

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U.S. judge rules Microsoft’s US$69-billion deal to buy Activision Blizzard can go forward
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The court separately extended its temporary restraining order to July 14 at 11:59 pm to allow the FTC to appeal

, turning aside antitrust enforcers’ request for a preliminary injunction to temporarily stop the $69-billion deal.

The FTC had originally asked the judge to stop the proposed deal, arguing it would give Microsoft Corp, 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 President Brad Smith tweeted that the company was “grateful” for the “quick and thorough” decision. The FTC complaint cited concerns about loss of competition in console gaming, as well as subscriptions and cloud gaming.

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