The FTC has claimed there have so far been no “substantive” settlement talks with Microsoft over the company’s proposed $69 billion deal to acquire Activision Blizzard.
, FTC attorney James Weingarten claimed during a pretrial hearing on Tuesday that the two sides had yet to have “substantive” discussions, although it’s unclear just how much communication has occurred between the sides.
If it goes to trial, the case will be judged Michael Chappell during hearings set to take place in August 2023. The acquisition will face the European Union at the end of March.However, it’s possible that both sides could yet agree to concessions before the trial. On Tuesday, Microsoft noted that both EU and UK regulators had not blocked the deal, and that it expected a decision within the next few months.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft-FTC Activision dispute takes first step into courtWildly popular Call of Duty game at the center of the antitrust tussle
Read more »
Alienware’s gaming controller prototype is what Microsoft should’ve built ages agoAlienware’s gaming controller prototype is what Microsoft should’ve built ages ago CES2023
Read more »
Microsoft recognises first labour union in USQuality assurance workers at the video production company ZeniMax studios agreed to form a labour union.
Read more »
Microsoft recognises 300-person ZeniMax testers unionMicrosoft has voluntarily recognised a union formed of about 300 ZeniMax Studios testers. A 'supermajority' of workers …
Read more »
Game Pass adds Stranded Deep, two more Xbox games could also join todayMicrosoft has kicked off the new year by surprise dropping Stranded Deep onto Xbox Game Pass, and according to the Xbox Store, two additional games could also be added today.
Read more »