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FTC to pause Microsoft-Activision merger trial – Bloomberg News

07/20/2023
Less than a minute

2023.07.20 14:50


© Reuters. FILE PHOTO: Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – The US Federal Trade Commission is poised to pause its in-house trial against Microsoft Corp (NASDAQ:)’s $69 billion acquisition of Activision Blizzard (NASDAQ:) opening the door to potential settlement talks, Bloomberg News reported on Thursday.

Microsoft and FTC did not immediately respond to Reuters requests for comment.

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07/20/2023
Less than a minute

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