Recently, in FTC v. Microsoft Corp., 7 the U.S. District Court for the Northern District of California rejected the FTC's request to enjoin the merger and observed severe deficiencies in the FTC's allegations.
10 janv. 2024
Autres questions
What was the result of the Microsoft case?
The Verdict
Microsoft lost the case against the government, and the presiding judge, Thomas Penfield Jackson, ruled that the company violated multiple sections of the Sherman Antitrust Act. However, the trial was not a smooth one.
What is the court ruling on FTC?
The court held that the FTC had improperly exceeded its statutory authority by creating a substantive Rule banning non-competes. The court also concluded that the Rule was arbitrary and capricious, in violation of the Administrative Procedure Act.
What was the outcome of the Microsoft antitrust case?
Charges were brought against the company which was sued by the Department of Justice in 1998. The judge ruled that Microsoft violated parts of the Sherman Antitrust Act and ordered the company to break up into two entities. Microsoft appealed the decision, which was overturned.
Why did the FTC sue Microsoft?
Microsoft Corp. and Activision Blizzard, Inc. is a lawsuit brought against multinational technology corporation Microsoft and video game holding company Activision Blizzard in 2022. The Federal Trade Commission (FTC) sought a temporary injunction against Microsoft in its effort to acquire Activision Blizzard.
The Federal Trade Commission (FTC) brings this action for provisional relief pursuant to Section 13(b) of the Federal Trade Commission Act, 15 U.S.C. § 53(b), ...
Federal Trade Commission v. Microsoft Corporation et al, No. 3:2023cv02880 - Document 305 (ND Cal. 2023) Court Description: PRELIMINARY INJUNCTION OPINION.
The Federal Trade Commission authorized an administrative complaint against the proposed merger between Microsoft Corp. and Activision Blizzard, Inc.
The Ninth Circuit denied the emergency appeal to block the merger on July 14. The FTC appealed the decision to the Court of Appeals for the Ninth Circuit.
13 nov. 2023 · The district court acknowledged that the preliminary injunction record contained conflicting evidence on the anticompetitive effects of the ...
10 juil. 2023 · The agreement provides, among other things, either party may terminate the merger agreement if the transaction has not closed by July 18, 2023.
12 juil. 2023 · The court rejected the FTC's claim that Microsoft's commitment to maintain Call of Duty on existing platforms was irrelevant to its prima facie ...
Procedural Guidance for Class Action Settlements. Close. Fees and Payments. Federal Trade Commission v. Microsoft Corp. et al. United States District Court
A California judge ruled in Microsoft's favor on the FTC's request for a preliminary injunction blocking its $68.7 billion purchase of Activision Blizzard.
