Potential outcomes of FTC legal bids to block Microsoft-Activision deal

Microsoft, which is seeking to buy games giant Activision, faces two legal fights in coming weeks with U.S. antitrust enforcers who are determined to stop the $69 billion transaction.

Microsoft has pressed for a decision sooner rather than later, noting that the purchase agreement has a termination date of July 18, although such dates can be extended and often are. When AT&T was buying DirecTV in 2015, the companies extended the termination date twice.

The first fight will be in federal court in California, beginning on June 22 and running until June 29. The second, if it goes forward, is before a Federal Trade Commission administrative law judge and begins on Aug. 2.