The U.S. Federal Trade Commission (FTC) on Thursday took new steps to block Microsoft from completing its $69 billion purchase of Activision Blizzard. reported The Wall Street Journal newspaper. Earlier, the FTC said it was appealing the federal judge’s decision that approved the deal.
The FTC has asked US District Judge Jacqueline Scott Corley to reverse a decision denying her request to block the deal. The commission also said it intends to file a similar motion with the federal appeals court in San Francisco to stay the judge’s decision.
In a lawsuit filed against a judge Thursday, the FTC said it is seeking an injunction to temporarily halt the deal pending an FTC judge’s investigation into the matter. But in response to her petition, Corley invoked the legal standard used to permanently terminate the deal, which the FTC says is unlawful.
Also Thursday night, the FTC filed an emergency motion with the U.S. Court of Appeals for the Ninth Circuit “temporary break” in closing Microsoft’s proposed deal to buy Activision, suggesting Jacqueline Scott Corley is deferring the decision pending the Court of Appeals verdict.
However, the judge denied the FTC’s request. “The FTC is asking this court to prohibit the merger pending the outcome of the FTC’s appeal to the Ninth Circuit Court of Appeals. request denied”— says in a judge’s ruling released late Thursday night.