US antitrust agency the Federal Trade Commission is reportedly preparing to pause its upcoming in-house trial focussing on Microsoft’s proposed $69bn USD acquisition of Activision Blizzard, potentially paving the way for settlement talks between the various parties.
The FTC has long expressed opposition to Microsoft’s proposed deal and sued to block its progress in December last year, claiming the acquisition would allow the company to suppress its games industry competition. The agency has more recently been in the news after it failed to secure an injunction preventing Microsoft from closing the deal while its in-house court deliberated whether the acquisition should be blocked.
Following that defeat, and a subsequent failed attempt to secure injunctive relief, the FTC is preparing to suspend its own trial – which was due to be heard by its in-house administrative court in August – in response to a request from Microsoft and Activision. Bloomberg, citing sources familiar with the case, says the request must be granted after the FTC’s unsuccessful federal court bid under the agency’s own rules.
Source – eurogamer.net
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