Microsoft vs FTC: US Court Rejects FTC’s Request to Halt Takeover of Call of Duty Maker Activision Blizzard

A US federal court on Thursday rejected the Federal Trade Commission’s request that it order Microsoft to temporarily hold off on closing its $69 billion (roughly Rs. 5,65,480 crore) purchase of Activision Blizzard, a court filing showed. Any outstanding regulatory hurdle makes it more likely the agreement between Microsoft and Activision will expire on July 18 witho…