LogInA hearing is next week.
The Federal Trade Commission (FTC) requested a "temporary restraining order," trying to block Microsoft's acquisition of Activision Blizzard. The US court has now granted the request and set a hearing for June 22-23. Without the order, Microsoft could have closed the deal on Friday, as pointed out by Reuters. The federal court will then decide whether a preliminary injunction is necessary.
District Judge Edward Davila said the temporary restraining order "is necessary to maintain the status quo while the complaint is pending (and) preserve this court’s ability to order effective relief in the event it determines a preliminary injunction is warranted and preserve the FTC’s ability to obtain an effective permanent remedy in the event that it prevails in its pending administrative proceeding."
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