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” : ‘int.’; const loginBaseUrl = LOGIN_URL[pageSiteProduct]; const loginUrl = `https://${loginUrlPrefix}${loginBaseUrl}/google-login`; const targetUrl = new URL(window.location.href); targetUrl.searchParams.set(‘isGaa’, true); fetch(registerEndpoint, { method: ‘POST’, body: JSON.stringify({ id_token: credential?.credential, displayContextId: ‘SOCIAL_CONNECT’, returnUrl: window.location.href.split(‘?’)[0], editionId: `${EDITION_ID[pageSiteProduct]}`, registrationSource: `${REGISTRATION_SOURCE[pageSiteProduct]}` }), headers: { ‘content-type’: ‘application/json’, } }) .then((response) => { if (!response.ok) { console.error(‘GoogleEA: Social Connect Invalid Status Code’); return; } return response.json(); }) .then((userState) => { if (!userState) { console.error(‘GoogleEA: Social Connect No Data’); return; } window.location.href = `${loginUrl}?target=${encodeURIComponent(targetUrl)}`; }) .catch((err) => { console.error(`GoogleEA: Social Connect Err: ${err}`); }); } }; })() ]]]]]]]]>]]]]]]>]]]]>]]> The Federal Trade Commission on Thursday asked an appeals court to temporarily block Microsoft Corp.โs $69 billion acquisition of Activision Blizzard Inc. while it challenges a ruling earlier this week green-lighting the deal. The FTC on Thursday asked U.S. District Judge Jacqueline Scott Corley to postpone her ruling โ which she promptly denied โ and also appealed to the Ninth U.S. Circuit Court of Appeals in San Francisco to pause the acquisition โto preserve the status quoโ while the case is reviewed, claiming it is likely to succeed in its appeal. According to the filing, the FTC claims the judge applied the wrong legal standard to its request for a preliminary injunction, and erred in a number of other matters. The deal is set to close in the coming days, and letting it happen will โirreparably harm the public interest and the FTC,โ regulators said. Also see: GOP blasts FTC Chair Khan as a โbullyโ after agencyโs loss in Microsoft case In a response filed with the court, Microsoft said the FTC โfailed to carry its burden on independent, fact-based groundsโ and โdragged its heelsโ before appealing. โThe court has already found that it would be inequitableโ to order an injunction that could lead to โthe potential scuttling of the merger,โ Microsoft said, in asking for the FTCโs request to be denied. The FTC has claimed the tie-up of a major videogame platform โ Microsoftโs MSFT, +1.62% ย Xbox โ with a major videogame publisher โ Activision ATVI, -0.51% ย makes the wildly popular โCall of Duty,โ among other titles โ would be harmful to the videogame industry and consumers. Microsoft has pledged to keep โCall of Dutyโ available to Sonyโs SONY, +2.82% ย PlayStation console for 10 years, and will make it available for Nintendoโsย 7974, -0.51% ย Switch and some cloud-gaming platforms. In her ruling clearing the deal Tuesday, Corley said the FTC did not show โthis particular vertical merger in this specific industry may substantially lessen competition.โ Bloomberg News reported late Thursday that Microsoft and Activision are considering giving up some control of their cloud-gaming business in the U.K. to win approval of British regulators, who โ if the U.S. appeals court does not act โ are the final hurdle to the deal closing on time. FTC Chair Lina Khan testified on Capitol Hill on Thursday, where Republican lawmakers assailed her actions and sharply criticized her agencyโs court losses in trying to block the Microsoft-Activision deal and Metaโs META, +1.32% acquisition of a virtual-reality gaming company earlier this year. Read more: After Microsoft defeat, โtoothlessโ FTC needs to pick better battles if it wants to rein in Big Tech Also: FTCโs probe of OpenAI marks key moment in Khanโs push to rein in Big Tech Visit a quote page and your recently viewed tickers will be displayed here. No results found
Last Updated: July 13, 2023 at 9:11 p.m. ET First Published: July 13, 2023 at 8:33 p.m. ET
Microsoft announced its deal to buy Activision in early 2022.
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