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The original deal was scheduled to close by July 2023, pending approval from global market regulating authorities.
This led to an evidentiary hearing complete withunder-oath testimony from Xboxand Microsoft leadership.
The FTC issused an order to resume adjudication against Microsoft’s acquisition of Activision Blizzard King.(Image credit: Federal Trade Commission)
On July 12, she further denied the FTC’s appeal of her initial decision.
Microsoft filed a motion for the FTC towithdraw from adjudicationon July 18, which was granted.
Microsoft and Activision ultimately extended the deadline to find a solution to appease the CMA’s cloud gaming concerns.
The FTC issused an order to resume adjudication against Microsoft’s acquisition of Activision Blizzard King.(Image credit: Federal Trade Commission)
The new deadline for the deal to close is October 18.
A final ruling from the CMA is expected by the October 18 deadline.
In the tweet, Meservey reiterates that Activision is focused on working with Microsoft to terminate the deal.
“How the FTC uses limited taxpayer resources is their decision,” Meservey said.
