{"id":6940,"date":"2023-07-13T06:28:41","date_gmt":"2023-07-13T00:58:41","guid":{"rendered":"https:\/\/bscrackers.com\/?p=6940"},"modified":"2023-07-13T06:28:41","modified_gmt":"2023-07-13T00:58:41","slug":"microsoft-activision-deal-will-be-challenged-by-us-regulator-after-us-courts-ruling","status":"publish","type":"post","link":"https:\/\/bscrackers.com\/?p=6940","title":{"rendered":"Microsoft-Activision Deal Will Be Challenged by US Regulator after US Court&#8217;s Ruling"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"jsx-1647035624 article_headline\">\n<p class=\"jsx-1647035624\">Last Updated: <span style=\"color:#808080;text-transform:uppercase\" class=\"jsx-1647035624\">July 13, 2023, 06:28 IST<\/span><\/p>\n<\/div>\n<div class=\"jsx-1647035624 article_headline\">\n<p class=\"jsx-1647035624\"><span id=\"location_info\">Washington D.C., United States of America (USA)<\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"display:flex;justify-content:space-between;background:#f3f3f3;padding:0 15px 10px 10px;border-bottom:5px solid #e1261c\">\n<div style=\"width:510px;padding-top:10px;position:relative;height:350px\" class=\"jsx-1647035624 article_bimg\">\n<figure style=\"line-height:0;width:510px;height:340px\" class=\"jsx-1647035624\"><img fetchpriority=\"high\" decoding=\"async\" alt=\"Microsoft is facing a tough time buying Activision. (Reuters)\" title=\"Microsoft is facing a tough time buying Activision. (Reuters)\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=510&amp;height=356\" loading=\"eager\" width=\"510\" height=\"340\" class=\"jsx-1647035624\"\/><\/figure>\n<p style=\"line-height:18px;position:absolute;bottom:0;background:linear-gradient(transparent,#000);left:0;right:0;margin-bottom:0;font-size:12px;color:#fff;padding:32px 10px 5px;min-height:55px\" class=\"jsx-1647035624 imageCaption\">Microsoft is facing a tough time buying Activision. (Reuters)<\/p>\n<\/div>\n<div style=\"width:359px;padding-top:10px\" class=\"jsx-1647035624 article_bnow_box\">\n<h2 style=\"min-height:24px;font-size:14px;line-height:24px;color:#3f3f3f;font-weight:400\" class=\"jsx-1647035624\">The US FTC appeals federal judge&#8217;s ruling on Microsoft&#8217;s $69 billion Activision Blizzard purchase. Find out more about the legal battle.<\/h2>\n<\/div>\n<\/div>\n<div id=\"article_ContentWrap\">\n<div class=\"jsx-1647035624\">\n<p id=\"0\" class=\"story_para_0\">The U.S. Federal Trade Commission said on Wednesday it was appealing a federal judge\u2019s ruling that Microsoft could go forward with its $69 billion purchase of \u201cCall of Duty&#8221; maker Activision Blizzard. The filing had no details on the appeal, which will go to the Ninth Circuit Court of Appeals on the West Coast.<\/p>\n<p id=\"1\" class=\"story_para_1\">Microsoft did not immediately respond to a request for comment. U.S. District Judge Jacqueline Scott Corley in San Francisco rejected on Tuesday the Biden administration\u2019s argument that the deal would hurt consumers by giving Xbox game console-maker Microsoft exclusive access to games including the best-selling \u201cCall of Duty.\u201d<\/p>\n<p id=\"2\" class=\"story_para_2\">Experts disagreed on Tuesday over whether the agency had good grounds for an appeal, with some saying that appeals courts tend to defer to judges on matters of fact but others said that Judge Corley may have erred in stating the standard for stopping a deal.<\/p>\n<p id=\"3\" class=\"story_para_3\">In her 53-page order, Corley said it was not enough for the FTC to argue that \u201ca merger might lessen competition \u2013 the FTC must show the merger will probably substantially lessen competition.\u201d<\/p>\n<p><nonfly class=\"article_mad\" adunit=\"NW18_ENG_Desktop\/NW18_ENG_Tech\/NW18_ENG_Tech_AS\/NW18_ENG_TECH_AS_ROS_MID_728\" slotid=\"nw18-dynamic-div-8320501_3_6\" id=\"new_ad_4\"\/><videocarousel\/><\/p>\n<p id=\"4\" class=\"story_para_4\">Legal scholars questioned that standard, saying that the U.S. antitrust law required the FTC to prove the proposed deal \u201cmay&#8221; harm competition, not that it \u201cwill.&#8221;<\/p>\n<p id=\"5\" class=\"story_para_5\">The deal is Microsoft\u2019s biggest ever, and the largest in the videogame industry\u2019s history. Microsoft\u2019s shares gained 1.4% on Wednesday to close at $337.20. To address the agency\u2019s concerns, Microsoft agreed to license \u201dCall of Duty\u201d to rivals, including a 10-year contract with Nintendo, contingent on the merger closing.<\/p>\n<p><i class=\"disclaimer-content\">(This story has not been edited by News18 staff and is published from a syndicated news agency feed &#8211; <a href=\"https:\/\/www.reuters.com\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>)<\/i> <\/div>\n<div class=\"jsx-1647035624 authorBox21 article_author\">\n<div class=\"jsx-1647035624 author_box\">\n<div class=\"author_box_inner\">\n<div class=\"img_box1 author_img\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2023\/03\/rohit.jpeg?impolicy=website&amp;width=70&amp;height=70\" class=\"lazyload\" alt=\"\"\/><\/div>\n<div class=\"text1 author_content\"><a class=\"smalldesc1 author_name\" href=\"https:\/\/www.news18.com\/byline\/rohit.html\" target=\"_blank\" rel=\"noopener\"><span>Rohit<\/span><\/a><\/p>\n<div>Rohit is a News18.com journalist with a passion for world affairs and a love for football. Follow him on Twitter at @heis_rohit<!-- -->&#8230;<a href=\"https:\/\/www.news18.com\/byline\/rohit.html\" class=\"read_more\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/tech\/us-regulator-to-appeal-judges-green-light-to-let-microsoft-activision-blizzard-deal-8320501.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Last Updated: July 13, 2023, 06:28 IST Washington D.C., United States of America (USA) Microsoft is facing a tough time buying Activision. (Reuters) The US FTC appeals federal judge&#8217;s ruling on Microsoft&#8217;s $69 billion Activision Blizzard purchase. Find out more about the legal battle. The U.S. Federal Trade Commission said on Wednesday it was &#8230; <a title=\"Microsoft-Activision Deal Will Be Challenged by US Regulator after US Court&#8217;s Ruling\" class=\"read-more\" href=\"https:\/\/bscrackers.com\/?p=6940\" aria-label=\"Read more about Microsoft-Activision Deal Will Be Challenged by US Regulator after US Court&#8217;s Ruling\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[107],"tags":[],"class_list":["post-6940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech"],"_links":{"self":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts\/6940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6940"}],"version-history":[{"count":0,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts\/6940\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/media\/1512"}],"wp:attachment":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}