FTC Fails to Block Microsoft's Activision Blizzard Deal

Microsoft has secured a significant victory over the Federal Trade Commission (FTC) in its efforts to complete the 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, solidifying a purchase that was originally announced in late 2022, according to Reuters. This decision was made by a three-judge panel, concluding the FTC's challenge to the July 2023 decision that permitted Microsoft to move forward with the acquisition.

The acquisition of Activision Blizzard by Microsoft has been under intense scrutiny for over three years. Notable U.S. Senators were among the first to oppose the transaction, citing concerns over the increasing consolidation within the tech industry as Microsoft expanded its portfolio. Both competitors and gamers expressed worries that the acquisition might lead to popular franchises like Call of Duty becoming exclusive to Xbox platforms. However, Microsoft has reassured the public that it had no interest in barring certain franchises behind lengthy exclusivity periods.

Every Video Game Franchise Xbox Owns After Acquiring Activision Blizzard

View 70 ImagesDespite ongoing challenges throughout 2023, Microsoft successfully completed its purchase of Activision Blizzard in October of that year. The FTC's appeal posed a potential last-minute obstacle to normal operations, but with the appeal now dismissed, it appears the FTC's pursuit has come to an end.

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