US Judge Temporarily Blocks Microsoft’s $69 Billion Acquisition of Activision

A US judge late on Tuesday granted the Federal Trade Commission’s (FTC) request to temporarily block Microsoft’s acquisition of video game maker Activision Blizzard and set a hearing next week.

US District Judge Edward Davila scheduled a two-day evidentiary hearing on the FTC’s request for a preliminary injunction for June 22–23 in San Francisco. Without a court order, Microsoft could have closed on the $69 billion (about Rs. 5,68,008 crore)…