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Whereas it may need seen like the largest hurdle Microsoft must soar to get its acquisition of Activision Blizzard by way of was the UK’s CMA, it now appears to be like as if it might be the FTC that really kill the deal.
Noticed by TweakTown, in latest court docket filings its Microsoft’s personal authorized counsel that admit if the decide grants the preliminary injunction that the FTC is requesting, that would end in Microsoft abandoning the merger.
Whereas it might be the case that issues go Microsoft’s means, if awarded the injunction, Microsoft’s counsel cites how the authorized battle which might comply with would transfer at a tempo that’s “glacial,” permitting issues to doubtlessly drag on for years.
Microsoft’s counsel calls it “a timeframe no merger may survive.”
Although Microsoft and Activision are hoping to get by way of the attraction course of for the UK’s CMA fast as it could, even when Microsoft wins its attraction that will solely restart the method with the CMA opening a second investigation into the deal, at which level it may nonetheless return a block choice.
There could be a world during which Microsoft will get the deal by way of in every single place besides the UK and has to work round that market in bizarre methods, however there’s no world during which Microsoft would do the identical with the US market.
In any case, it nonetheless looks as if it’ll be a while earlier than the destiny of the deal is actually determined.
Supply – [TweakTown]
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