The Federal Trade Commission (FTC) has officially dismissed its efforts to challenge Microsoft's $68.7 billion acquisition of Activision Blizzard. This decision follows a series of failed attempts by the FTC to block the merger, which is one of the largest in the video gaming industry, including a recent setback in the Ninth Circuit Court of Appeals. Microsoft has hailed the FTC's announcement as a victory for consumers and common sense, reflecting a significant moment in tech and entertainment consolidation.
The Commission has determined that the public interest is best served by dismissing the administrative litigation in this case.
Today's decision is a victory for players across the country and for common sense in Washington, D.C. We are grateful to the FTC for today's announcement.
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