THE United States Federal Trade Commission suspended his internal trial against Microsoft Corp.the $69 billion acquisition of Activision Blizzard Inc.opening the door to possible settlement negotiations.
The step is a win for Microsoft and Activision as they seek to seal the biggest gaming deal ever despite regulatory challenges in the US and UK. On Thursday, two days after the companies asked the FTC to drop the case, the agency said in a filing that it was staying an administrative challenge that was to be tried in August before an internal judge.
