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The U.S. Federal Trade Commission is considering its options after stinging losses last week in its bid to stop Microsoft's $69 billion deal to buy Activision, a source told Reuters on Monday amid expectations the agency's fight is nearing the end.
A federal judge had previously ruled for Microsoft on Tuesday, saying the FTC had failed to show the deal would be illegal under antitrust law.
US judge rules in favor of Microsoft's $69 billion acquisition of Activision, allowing the deal to proceed. The FTC has until July 14 to appeal.
The agency argues that the acquisition would grant Microsoft's Xbox exclusive access to Activision games, leaving other gaming console manufacturers like Nintendo and Sony at a disadvantage
On its website, the US FTC has said it is probing Abbott Laboratories and other companies that manufacture baby formula for potentially colluding in bidding for state contracts