Microsoft, which had hoped to complete its $1.4 billion purchase of Activision Blizzard by June 30, said it could no longer comment on the timing of the deal after suing the U.S. Federal Trade Commission alleging it harms competition.
A Microsoft spokesperson said David Cody As of Friday, the company is now refusing to comment on the timing of the deal with Activision Blizzard. This comes after the Federal Trade Commission said Thursday it would file a lawsuit to block the acquisition, with an internal trial scheduled to begin on August 2, 2023.
And she said Jennifer Re A Bloomberg Intelligence analyst said there are a number of hurdles hampering the acquisition so far. The judge in this type of case issues his or her initial ruling 7 to 12 months after the trial begins. However, the FTC would need to file a separate lawsuit in federal court if it wants Microsoft to delay closing the deal until the trial is over. The company is also facing questions about the deal from European and U.K. regulators.
It is worth noting that Phil Spencer He faced waves of war of words, mainly from Sony, and that war was related to Microsoft's future ownership of the Call of Duty title, as he said he was ready to sign a ten-year deal to ensure the title's survival on PlayStation platforms. Fortunately, the Activision Blizzard boss is still fighting to get the desired deal done.
These delayed dates, which have begun to appear, could push back the date Microsoft expected to complete the deal early next year 2023 to sometime in 2024. Of course, that's in the case of being able to win the battle whose poles have begun to increase recently.
