The FTC case against Microsoft’s acquisition of Activision Blizzard has been going on for a while. Following the conclusion of four days of hearings, a decision was expected to be made this week.
Following much anticipation, the judge finally ruled. Microsoft has won the court case, allowing the gaming giant to proceed with the Activision merger.
Why it matters: The victory means that Microsoft can go ahead with the biggest merger in the gaming industry. Activision Blizzard cost $68.7 billion, but the purchase appears to have been worth it.
Microsoft has already received approval from major regulators like the European Commission. With the FTC having lost the case, the regulator has the option to appeal the case. However, it is likely that the decision for the appeal will also be made in Microsoft’s favor.
Previously, the CMA blocked the deal. While Microsoft has appealed this decision, the merger cannot be completed in the UK until the gaming giant wins this appeal. However, Microsoft can still close the merger.
This would require alternate methods to provide Activision games in the UK, and Microsoft has also considered this approach in the past.
This is a massive victory for Xbox. The decision also ensures that Xbox will not have to re-negotiate the deal with Activision, as the judge has ruled before the final date of July 18.
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[News Reporter]
Malik Usman is student of Computer Science focused on using his knowledge to produce detailed and informative articles covering the latest findings from the tech industry. His expertise allows him to cover subjects like processors, graphics cards, and more. In addition to the latest hardware, Malik can be found writing about the gaming industry from time to time. He is fond of games like God of War, and his work has been mentioned on websites like Whatculture, VG247, IGN, and Eurogamer.
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