Microsoft and FTC pre-trial hearing set for January 3rd

By neelum January 2, 2023

pre trial hearing between Microsoft and FTC

In December, the Federal Trade Commission sued to block Microsoft`s $69 billion deal to buy Activision Blizzard. A federal judge has set a date for the first pre-trial hearing between Microsoft and the Federal Trade Commission (FTC).

The two go to court on January 3rd to spar over the fate of Microsoft`s $69 billion bid to buy Call of Duty publisher Activision Blizzard. At the time, the tech titan stated that the transaction will be completed by June 2023.

The FTC sued Microsoft last month to prevent the transaction from proceeding.
If the deal goes through, Microsoft has committed to releasing future Call of Duty games on competing platforms for at least ten years.

The planned merger is also being investigated by the United Kingdom’s Competition and Markets Authority, which recently stated that it will launch a “in-depth” examination.

neelum

Neelum Malik is an Editor at Bestkoditips experiencing SEO strategies and knowledge about online educational platforms. Prior to her work as an Editor, Neelum worked in IT across a number of industries, including banking, retail, and software.