Appeals court denies FTC bid to temporarily halt Microsoft-Activision deal ...Middle East

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Appeals court denies FTC bid to temporarily halt Microsoft-Activision deal
source : The Hill ( Middle East ) () 24
The merger between Microsoft and gaming giant Activision Blizzard is likely to move forward after an appeals court denied an attempt by the Federal Trade Commission (FTC) to stop it on Friday. The FTC argued that the $68.7 billion deal would harm competition in the gaming market, giving Microsoft — owners of the Xbox console system — complete control over popular video game franchises such as “Call of Duty,” “World of Warcraft” and “Overwatch.” Microsoft is likely to pull those popular titles from rival PlayStation systems, the FTC claimed, making them only available on Xbox. Microsoft has denied those claims. In a statement Wednesday, FTC spokesman Douglas Farrar said the deal pos

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