
</ img>
Today it became known that Microsoft won a lawsuit against the US Federal Trade Commission and
What is known
The only opponents of the deal are the UK regulators, but they also seem ready to reconsider their decision.
On July 28, the court hearings of Microsoft against CMA were supposed to begin, but most likely they will not be required.
The parties came to an agreement to suspend legal proceedings and continue negotiations in order to resolve existing claims.
After the court decision in the United States, our attentionreturns to the UK. While we do not agree with the CMA's concerns, we are looking at how the [merge] transaction can be modified to address these issues in a way that is acceptable to the CMA. To prioritize work on these proposals, Microsoft and Activision have agreed with CMA that it is in the public interest to suspend the UK litigation, and the parties have filed a joint application with the Competition Court of Appeal, said Brad Smith, president of Microsoft.
Our statement on the mutual request with the CMA for a pause of our appeal in the UK: pic.twitter.com/8Aky2IJjxS
— Brad Smith (@BradSmi) July 11, 2023
Well, it looks like the long history of the merger between Microsoft and Activision Blizzard is coming to an end. In the near future, the largest deal in the gaming industry may be closed.