FTC says it will appeal to block Microsoft-Activision deal

The Federal Trade Commission connected Wednesday filed to entreaty a federal judge's decision to contradict a petition for a preliminary injunction that would person prevented Microsoft from closing its $68.7 cardinal acquisition of crippled steadfast Activision Blizzard.

The determination comes 1 time aft Judge Jacqueline Scott Corley, astatine the U.S. District Court for the Northern District of California, ruled successful favour of the 2 companies.

CNBC reported earlier connected Wednesday that FTC could bring the judge's determination to the 9th Circuit appeals court.

On Wednesday Activision Blizzard CEO Bobby Kotick told CNBC's Julia Boorstin, "I'd beryllium amazed if they would discarded payer resources connected thing similar that," referring to an FTC appeal. Kotick said helium didn't deliberation the appellate tribunal would assistance a stay.

The FTC declined to remark connected its ineligible effect to the judge's decision. The bureau is moving fast, arsenic Microsoft is looking to adjacent the acquisition by July 18.

Microsoft did not instantly respond to a petition for comment.

The bundle shaper is besides engaged trying to unafraid support for the woody successful the United Kingdom. Microsoft enforcement Brad Smith said the institution and Activision Blizzard person agreed with the country's Competition and Markets Authority that a enactment of litigation would beryllium beneficial.

WATCH: Activision CEO Bobby Kotick: Would beryllium amazed if the FTC wastes payer wealth connected appeal