Outlook email sign up8/6/2023 “The relief the FTC seeks is not only unprecedented but deal-killing,” said Microsoft’s lead attorney, Beth Wilkinson, in a final written defense filed Thursday.Ĭhina is in default on a trillion dollars in debt to US bondholders. Microsoft promised to pay a $3 billion breakup fee to Activision if the deal doesn’t close by July 18. The Federal Trade Commission, which enforces antitrust laws, has asked Corley to issue an injunction that would temporarily block Microsoft and Activision from closing the deal before the FTC’s in-house judge can review it in an August trial.īoth Microsoft and Activision have suggested that such a delay would effectively force them to abandon the deal they signed 17 months ago. Microsoft has largely had the upper hand in the court proceedings that ended Thursday, calling in its CEO Satya Nadella and other executives, including longtime Activision Blizzard CEO Bobby Kotick, to testify in favor of the merger. “We’re concerned about the competition for this one shooter video game.” District Judge Jacqueline Scott Corley, expressing a hint of exasperation about the nature of the dispute near the end of a 5-day San Francisco court hearing Thursday. “All of this is for a shooter video game,” said U.S. And much of the decision could rest on a single Activision blockbuster franchise, the military commando game Call of Duty, and whether Microsoft could harm competition by controlling how it is distributed to gamers.
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