"FTC Verdict on Xbox Injunction Expected Next Week, Microsoft's Battle with Activision Nears Resolution"

TL;DR Summary
The FTC and Microsoft have concluded their hearing regarding the FTC's request for a preliminary injunction on Microsoft's takeover of Activision Blizzard. A verdict could be reached as early as next Wednesday, potentially causing complications for Microsoft as the deadline for the takeover is set for July 18th. The FTC has expressed concerns that the companies may have been attempting to merge prior to an in-house hearing scheduled for August 2nd.
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