US judge temporarily blocks Microsoft's Activision deal at request of FTC

A district judge in San Francisco has granted a Federal Trade Commission (FTC) request to temporarily block Microsoft’s proposed $69 billion acquisition of Activision Blizzard, ahead of a hearing on June 22.Judge Edward Davila ruled that a “preliminary injunction is warranted [to] preserve the FTC’s ability to obtain an effective permanent remedy” to its antitrust concerns. Microsoft and Activision have until June 16 to submit their opposition to the motion, while the FT