FTC Revives Case Against , Microsoft’s Activision Blizzard Acquisition.<br />FTC Revives Case Against , Microsoft’s Activision Blizzard Acquisition.<br />The Federal Trade Commission's (FTC) administrative case was paused during the summer, The Verge reports.<br />But on Sept. 26, the FTC announced that it will continue with its in-house trial against Microsoft's $69 billion Activision Blizzard buyout.<br />But on Sept. 26, the FTC announced that it will continue with its in-house trial against Microsoft's $69 billion Activision Blizzard buyout.<br />But on Sept. 26, the FTC announced that it will continue with its in-house trial against Microsoft's $69 billion Activision Blizzard buyout.<br />However, the FTC can't stop Microsoft from finalizing the deal ahead of the Oct. 18 deadline without a preliminary injunction, The Verge reports. .<br />FTC Chair Lina Khan has been criticized for allegedly wasting taxpayer money in the agency's quest to stop the acquisition.<br />Activision Blizzard executive Lulu Cheng Meservey took to X to make her opinion known.<br />The U.K.'s Competition and Markets Authority (CMA) previously blocked the deal.<br />But on Sept. 22, the CMA said that <br />a revised proposal addressed its concerns and "opens the door to the deal being cleared.".<br />The European Commission <br />also approved the acquisition.<br />The FTC's internal judge with hear <br />the agency's arguments 21 days after <br />an appeals court delivers its verdict
