Microsoft can now go ahead and close its giant deal.
Microsoft’s appeal of its Activision Blizzard acquisition decision, with a request right in the middle of thehearing. The Competition Appeal Tribunal shut that request down, as it would have pushed the appeal process from July to October — “contrary to justice and fairness.”in May, so Microsoft could now technically close without the UK and without an injunction in the US preventing it.
The FTC will now have the chance to appeal Judge Corley’s decision, but the regulator didn’t appeal a court’s decision permitting Meta to acquire Within, so it may abandon its case against Microsoft and Activision Blizzard instead. If the court order stands, this would be the second major loss for FTC Chair Lina Khan as the head of the regulator. Khan has been chasing Big Tech companies ever since she was confirmed as the head of the agency in 2021.
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