FTC will finally stop challenging Microsoft’s purchase of Activision Blizzard

The Federal Trade Committee has finally abandoned the ghost in the challenge Microsoft‘s 68.7 billion dollars Purchase of Activision. The agency said in a Today.

The federal organization tried to prevent Microsoft’s acquisition of Activision Blizzard before and after the deal was closed in October 2023. FTC just lost its latest resumption against integration . The Court of Appeal in the ninth district ruled that FTC has successfully argued several points of its case due to a preliminary judicial order against integration, which is one of the largest acquisitions in the video game industry.

“Today’s decision is a victory for players throughout the country and a proper consideration in Washington, DC, we are grateful to FTC for today’s announcement,” Microsoft President and Vice President Brad Smith On x around the chapter.