Shulou(Shulou.com)11/24 Report--

CTOnews.com July 14 news, according to foreign media The Verge reported that the US Federal Trade Commission (FTC) said yesterday that it would appeal a ruling of the Northern District Court of California to continue to block Microsoft's $68.7 billion acquisition of game publisher Activision Blizzard, but it was rejected.

▲ Source Microsoft refused to accept the ruling, and today filed a lawsuit with the Ninth Circuit Court of Appeals on the previous judgment. It is reported that the FTC's charges against the judge's judgment include:

The wrong legal standards were applied.

Xbox Game Pass consumers may be hurt by foreclosure

Too much reliance on Microsoft cloud gaming protocols

Missed potential foreclosure strategies

Ignoring FTC evidence on Microsoft's foreclosure motives

Although the FTC listed a bunch of "charges," from the current situation, if the FTC did not obtain an emergency termination order, then Microsoft could complete the acquisition after the restraining order was lifted.

CTOnews.com also found that Microsoft responded further to the FTC appeal: "The FTC was unable to find any legal error in the court's reasoning, so there is no reason to believe that this appeal will change the outcome." "

Microsoft and Activision have a July 18 deadline to close the deal. If the deal is eventually blocked, Microsoft will have to pay a $3 billion "breakup fee." Microsoft also acknowledged in court filings that if it loses the FTC lawsuit, the deal is likely to fall through. However, with the sharp turn of CMA attitude in the UK and the industry generally beginning to show support for Microsoft, Microsoft's odds are gradually increasing and it is expected to acquire Activision Blizzard successfully.

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