Microsoft, Activision Ask U.S. Judge To Expedite FTC Challenge, Seek Speedy Case Management Conference
Portfolio Pulse from Benzinga Newsdesk
Microsoft and Activision have requested a U.S. judge to expedite the FTC challenge and seek a speedy case management conference, according to a court filing.
June 14, 2023 | 7:13 pm
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NEUTRAL IMPACT
Activision joins Microsoft in requesting an expedited FTC challenge, potentially affecting the timeline of the regulatory process.
Activision's request to expedite the FTC challenge, along with Microsoft, may affect the timeline of the regulatory process. However, the outcome remains uncertain, leading to a neutral short-term impact on ATVI stock.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Microsoft seeks to expedite the FTC challenge, potentially speeding up the regulatory process.
Microsoft's request to expedite the FTC challenge may speed up the regulatory process, but the outcome remains uncertain. This could have a neutral short-term impact on MSFT stock.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50