A judge has ruled against the Federal Trade Commission's efforts to halt Microsoft's acquisition of video game company Activision Blizzard.
Microsoft has been trying to buy Activision for nearly $69 billion since it announced the deal last year, but the FTC prevented the purchase from happening sooner. Judge Jacqueline Scott Corley in San Francisco issued her decision in favor of the Xbox developer’s merger with the gaming company on Tuesday, CNBC reported.“This court’s responsibility in this case is narrow.
“For the reasons explained, the court finds the FTC has not shown a likelihood it will prevail on its claim this particular vertical merger in this specific industry may substantially lessen competition,” the ruling read. “To the contrary, the record evidence points to more consumer access to Call of Duty and other Activision content. The motion for a preliminary injunction is therefore DENIED.”
Microsoft proposed the deal in January 2022 to add more titles to its library, including mobile games, according to the Los Angeles Times.
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