US antitrust agency the Federal Trade Commission is reportedly preparing to pause its upcoming in-house trial focussing…
the request must be granted after the FTC's unsuccessful federal court bid under the agency's own rules.Bloomberg reports the FTC is expected to make the order to withdraw its case later today, after which Microsoft and Activision can seek to persuade the agency's commissioners to accept a settlement or to entirely drop their opposition to the acquisition.
The deadline to close the merger was originally set for 18th July this year but Microsoft and Activision Blizzard have nowto 18th October - albeit with higher termination fees - saying they're"optimistic about getting this done." That optimism likely extends well beyond the FTC; Microsoft and Activision recently reached an agreement with the UK's Competition and Markets Authority - which
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