| aTokenYeti said: https://seekingalpha.com/news/3951281-microsofts-chances-of-closing-activision-deal-raised-to-70-from-50-at-citi |
Yup.
The FTC can take Microsoft to federal court whenever they want, the FTC has no power to block the deal and the only way to block the deal is through federal courts. Their internal court circus is pure delay tactics as they know they have no case, they either bet on another regulator blocking the deal and doing the work for them (CMA/EC) or delaying it so long that the company simply drops the acquisition.
It isn't a coincidence that the internal court date for Microsoft vs FTC is set for August, about a month after the agreed upon closure date between Microsoft/Activision which will have to be renegotiated if FTC doesn't drop the case before then.
I read someone say that Hoeg said that just because Microsoft says they will close over FTC doesn't mean they will, it seems as though he thinks there is a possibility that Microsoft won't attempt to close over the FTC, I don't know why, I suppose optics.
It would be annoying because I'm not as convinced as others that the FTC who isn't exactly acting rational right now would drop their case if CMA/EC approve the deal, they just took Meta to court on a ridiculously stupid and weak case despite being the only ones against it, Lol.
Last edited by Ryuu96 - on 27 March 2023
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