The first pre-trial hearing in the Federal Trade Commission’s (FTC) case against Microsoft over its $69 billion bid to take over Activision Blizzard has been set for Jan. 3.
The FTC, which enforces antitrust law, asked a judge to block the transaction earlier this month as the merger would allow Microsoft's Xbox to get exclusive access to Activision games, leaving Nintendo consoles and Sony's PlayStation out in the cold.
Microsoft argued that the deal would benefit gamers and gaming companies alike. It also offered to sign a legally binding consent decree with the FTC to provide rivals, including Sony, with Call of Duty games for a decade.
The case is a sign that the Biden administration is seriously enforcing anti-trust regulations.
Antitrust experts say the FTC faces an uphill battle to convince a judge to block the deal as Microsoft’s voluntary concessions allay fears it could dominate the gaming market.


Instagram Outage Disrupts Thousands of U.S. Users
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Minnesota Judge Rejects Bid to Halt Trump Immigration Enforcement in Minneapolis
Federal Judge Signals Possible Dismissal of xAI Lawsuit Against OpenAI
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Google Halts UK YouTube TV Measurement Service After Legal Action
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 



