The US Federal Trade Commission could be about to pause its battle with Microsoft over its impending Activision Blizzard deal.
, citing people familiar with the case, this could open the possibility of a potential settlement between the groups.
Should the FTC withdraw its case, it would open the parties to discuss a settlement, if Microsoft andAccording to the report, an order to withdraw the trial could come as soon as later today. On Wednesday, Microsoft and Activision Blizzard agreed to extend their merger agreement until October 18, 2023.
The move to extend the agreement came after their initial self-imposed deadline to complete the $69 billion deal
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