FTC’s Bid to Temporarily Block Microsoft Deal Rejected by Judge
- Agency isn’t backing down after losing lower-court ruling
- FTC is seeking to halt $69 billion gaming deal beyond July 14
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The US Federal Trade Commission lost its request for a California judge to temporarily block Microsoft Corp. from closing its $69 billion takeover of Activision Blizzard Inc. while the agency appeals her ruling greenlighting the deal.
US District Judge Jacqueline Scott Corley issued a two-sentence order late Thursday rejecting the FTC’s latest effort to block the mega gaming deal.