According to Bloomberg News, the US Federal Trade Commission (FTC) has suspended its internal trial work, which means that the agency is expected to settle with Microsoft and negotiate the acquisition of Activision Blizzard through negotiations.
This new development is undoubtedly a major victory for Microsoft, and there is a great probability of completing the acquisition of Activision Blizzard. The latest news released by the media is that the FTC did withdraw its internal trial work, but the reason was that after the FTC lost the case in court, Microsoft asked the agency to withdraw, which is a procedural move.
Microsoft and Activision could seek to persuade the FTC’s commissioners to accept the settlement, or drop their opposition to the deal altogether. However, the FTC is still appealing an earlier court ruling in favor of the merger of the two companies.
