FTC considers options after loss in Activision/Microsoft case- report
Kevork Djansezian
The Federal Trade Commission is evaluating its options after losing court battles last week to try to halt Activision's (NASDAQ:ATVI) $69 billion sale to Microsoft (NASDAQ:MSFT).
The options for the FTC include pursuing its fight in the internal FTC court, continuing its appeal in federal court, settling with Microsoft (MSFT), or simply walking away, according to a Reuters report on Tuesday, which cited a source familiar with the matter.
The Federal Trade Commission was handed its first defeat on Tuesday when a federal judge in San Francisco denied the antitrust regulator's request for a preliminary injunction to block the mega videogame deal. The FTC suffered a second defeat late Friday when the 9th Circuit Court of Appeals denied the FTC's request to temporarily halt the deal while the agency appeals. 
On Sunday, Microsoft (MSFT) said it signed a binding agreement to keep the videogame "Call of Duty'' on Sony's (NYSE:SONY) PlayStation following the completion of its acquisition of Activision (ATVI).
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