FTC Fails to Block Microsoft's Activision Blizzard Deal
Microsoft has achieved another legal triumph over the Federal Trade Commission (FTC) in its efforts to finalize its acquisition of Activision Blizzard. The FTC's appeal to block Microsoft's monumental $69 billion deal was denied by San Francisco's 9th U.S. Circuit Court of Appeals, marking a significant step forward for a purchase that was originally announced in late 2022, as reported by Reuters. This decision was made by a three-judge panel, effectively concluding the FTC's challenge against the July 2023 decision that permitted Microsoft to proceed with the acquisition.
The acquisition of Activision Blizzard by Microsoft has been under intense scrutiny for over three years. Early opposition came from select U.S. Senators who expressed concerns about the growing consolidation in the tech industry, as Microsoft expanded its portfolio with major acquisitions. Both competitors and gamers raised worries that such a move might restrict popular franchises like Call of Duty to Xbox platforms only. However, Microsoft alleviated these concerns by confirming it had no interest in barring certain franchises behind lengthy exclusivity periods.
Every Video Game Franchise Xbox Owns After Acquiring Activision Blizzard
View 70 Images
Despite ongoing challenges throughout 2023, Microsoft successfully completed its purchase of Activision Blizzard in October of the same year. The FTC's appeal represented a potential late obstacle to normal business operations, but with its efforts now thwarted, it appears that the regulatory pursuit has come to an end.
For a comprehensive timeline detailing Microsoft's journey to finalize its acquisition of Activision Blizzard, please click here.
-
Apr 15,25"The Last of Us Season 2: Release Date and Streaming Guide" As one HBO primetime show bids farewell (goodbye, The White Lotus), another eagerly steps into the spotlight. Two years following the debut of The Last of Us on Max, this critically acclaimed video game adaptation featuring Pedro Pascal and Bella Ramsey is gearing up for its much-anticipated second
-
Jan 22,25Kingdom Hearts 4 Will Reboot the Series Kingdom Hearts creator Tetsuya Nomura recently hinted at a pivotal shift for the series with the upcoming fourth mainline installment. This article delves into his revelations about this crucial new chapter. Nomura Hints at a Series Conclusion with Kingdom Hearts 4 Kingdom Hearts 4: A Story Reset,
-
Jan 20,25‘Dungeons of Dreadrock 2’ Announced, Launching on Nintendo Switch in November with Mobile and PC Versions to Follow Approximately two and a half years ago, we were captivated by the delightful dungeon crawler, Dungeons of Dreadrock, developed by Christoph Minnameier. This top-down perspective game, reminiscent of classics like Dungeon Master and Eye of the Beholder, offered a unique puzzle-solving experience acr
-
Dec 10,24Cosplay Marvel Emerges: Elden Ring's Mohg Impresses A stunning Mohg cosplay, strikingly similar to the Elden Ring boss, has been shared online, captivating the gaming community. Mohg, Lord of Blood, a Demigod boss crucial to accessing the recent Shadow of the Erdtree DLC, has enjoyed renewed prominence. Elden Ring, a FromSoftware triumph released in