Final hearings begin in August, after Microsoft’s current fiscal year ends
Microsoft were hoping to complete their takeover of Activision Blizzard by the end of their financial year in June. That’s looking less likely now that the US Federal Trade Commission have published aschedulethat sets dates for final hearings to decide on the merger, and they’re going to begin on August 2nd. As this is just the kick off for hearings about the case, it’s likely that any FTC decision on whether the $68.7 billion (£56 billion) deal can go ahead will take some time to emerge.
It looks like there could be a longer wait to find out whether Microsoft’s deal to acquire Activision Blizzard will go ahead. The consolidation of one very hefty chunk of the games industry still seems uncertain, for now.
Activision Blizzard are currently the subject of a number oflegal actions,labour disputesand allegations ofworkplace harassment. Rock Paper Shotgun will continue to write about these issues, as well as covering Activision Blizzard games as part of our commitment to cover subjects of interest to our readers. The latest news can always be found under ourActivision Blizzardtag.
