Microsoft and Activision Blizzard extended the deadline for their proposed $69 billion merger to October 18.
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Deal pending due to UK's Competitions and Markets Authority (CMA), even the CMA are aiming for this to be closed by August 29th.
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Previous highlights on the case as follows
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Microsoft is facing the Federal Trade Commission (FTC) in court over its proposed acquisition of Activision Blizzard.
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The FTC wants a preliminary injunction to prevent Microsoft from closing the deal before a separate legal challenge in August.
The UK's Competition and Markets Authority (CMA) has already blocked the deal, and Microsoft is appealing the decision.
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Microsoft's CEO Satya Nadella and other executives are defending the acquisition in court.
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Sony's PlayStation chief, Jim Ryan, believes the acquisition is not about making games exclusive to Xbox.
The launch of Bethesda's Starfield adds pressure to Microsoft's acquisition attempt.
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Exclusive titles are crucial for console platforms, and the FTC is
concerned about potential exclusivity of Activision content on Xbox.
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Microsoft is committed to making the deal happen and is actively working with regulators.
The outcome of the court case will likely determine the future of the Xbox and the merger.
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The FTC shares similar competition concerns with Sony regarding the potential exclusivity of Activision content.
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