Xbox's Phil Spencer Seemingly Decided to Make All ZeniMax Games Exclusives in 2021 Meeting Here's everything that happened on the last day of the hearing. Now, we're expecting to hear the ruling at some point in the coming days or weeks, most likely next Wednesday by the earliest. The FTC delivered its closing arguments Thursday, bringing an end to the proceedings. The Microsoft FTC Trial Comes to a Close: Day 5 Recap An evidentiary hearing between Microsoft/Activision Blizzard and the FTC is scheduled for August 2, which falls after next month's deadline.
The preliminary injunction would have a significant and potentially deal-breaking impact on Microsoft and Activision Blizzard's plans, as the deal needs to close by July 18, 2023, or the parties will need to renegotiate. If successful, it would mean Microsoft and Activision Blizzard can't complete the acquisition while the FTC's review of the transaction's compliance with U.S. This week's trial will see the FTC attempt to impose a preliminary injunction on Microsoft and Activision Blizzard.
Last week, a federal court in California issued a temporary restraining order requested by the FTC that basically blocks Microsoft and Activision Blizzard's deal for the time being. The legal battle between Microsoft and the FTC began last December, when the agency announced its plans to block Microsoft's enormous $68.7 billion purchase.
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