FTC Fails to Block Microsoft's Activision Blizzard Acquisition

Microsoft has once again triumphed over the Federal Trade Commission (FTC) in its efforts to finalize the acquisition of Activision Blizzard. The FTC's attempt to halt Microsoft's monumental $69 billion acquisition was denied by the 9th U.S. Circuit Court of Appeals in San Francisco, solidifying the deal that was originally announced in late 2022, as reported by Reuters. This decision, made by a three-judge panel, put an end to the FTC's challenge against the July 2023 decision that allowed Microsoft to proceed with the purchase.

The acquisition of Activision Blizzard by Microsoft has been under intense scrutiny for over three years. Initially, several U.S. Senators voiced opposition to the deal, citing concerns over the increasing consolidation within the tech industry as Microsoft expanded its portfolio. Fears that Microsoft might restrict popular franchises like Call of Duty to Xbox platforms were addressed when Microsoft assured that they had no intention of enforcing lengthy exclusivity periods for these games.

Video Game Franchises Xbox Now Owns Post-Activision Blizzard Acquisition

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Despite ongoing challenges throughout 2023, Microsoft successfully completed its acquisition of Activision Blizzard in October. The FTC's appeal represented a potential final obstacle, but with its dismissal, it appears their efforts have reached their conclusion.

For a comprehensive timeline detailing Microsoft's journey to finalize the Activision Blizzard acquisition, you can click here.