Key Points
July 11 (Reuters) - Microsoft (MSFT.O) cleared a major hurdle in its planned $69 billion purchase of videogame maker Activision Blizzard (ATVI.O), as a judge gave a thumbs-up to the proposed deal a week before the July 18 termination date...
With the first fight in federal court in California wrapped up, the agency and companies have decisions to make about what comes next...
* Now that Judge Jacqueline Scott Corley has refused to grant the preliminary injunction, the U.S. Federal Trade Commission (FTC) may drop the fight..
* If Microsoft wins, the FTC staff can ask Chair Lina Khan and the commissioners, who voted to bring the case, to overturn the verdict..
* If the FTC wins, the companies can appeal to the commission to overturn the decision and, if needed, take the case to a federal appeals court...
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