The FTC Appealed The Microsoft Activision Win: Now What?
The FTC has filed an appeal to the 9th circuit court to continue the preliminary injunction against the Microsoft Activision merger. If successful, Microsoft would likely need to return to court to fight the FTC yet again and they seem prepared to do so. So what's next? What's happening with the CMA? Let's go over it all right now... The hope from Microsoft is the FTC appeal denied, but as the FTC appeals Microsoft Activision merger hopes it'll be a tricky case for the 9th circuit to approve given the facts. While the FTC Appeal Microsoft Activision case may result in a denial, they are doing their due diligence in this case.
Subscribe https://www.youtube.com/c/thedestinch...
Sources: https://www.theverge.com/2023/7/12/23...
/ 1679293898257223681
/ 1679613889791631361
/ 1679279055613448195
/ 1679627163509698561
https://www.bloomberg.com/news/articl...
/ 1679558581660557331
/ 1679622553533333505
Previously: The Microsoft FTC Trial has come to an end and Microsoft wins Activision vs the FTC concerns. That's according to the filing from Jacqueline Scott Corley who has denied the preliminary injunction allowing Microsoft acquires Activision. The CMA Microsoft talks have also begun shortly after this reveal, and outline how a small concession could allow the final days of Microsoft buying Activision to arrive. The FTC could still appeal the decision but an FTC appeal Microsoft Activision rumor would need to be filed in a very timely fashion.
Sources: / 1678784973556572162
/ 1678844624637661184
/ 1678796043545350144
https://www.theverge.com/2023/7/11/23...
https://www.bloomberg.com/news/articl...
https://www.jonesday.com/en/insights/...
/ 1
https://twitter.com/joshua_sisco/stat...
/ 1678807582373462016
https://www.reuters.com/markets/deals...
https://gizmodo.com/watchdog-demands-...
https://www.theverge.com/2023/7/11/23...
https://www.theverge.com/2023/7/11/23...
Subscribe https://www.youtube.com/c/thedestinch...
Join this channel to get access to perks including early access to my videos the second they're complete with ads turned off!
/ @destinl
If you're interested you can also purchase my merch! I'm trying it out and currently have a selection of clothing as well as practical items like coffee cups and tote bags.
https://shop.spreadshirt.com/TheDesti...
Sign up for a free Amazon Prime Video Trial Here!
https://www.amazon.com/gp/video/prime...
Sign Up For Microsoft Rewards Here for Free
https://account.microsoft.com/rewards...
Try Amazon Prime Free for 30 Days
https://www.amazon.com/tryprimefree?r...
(Photo by Chip Somodevilla/Getty Images)