FTC appeal of Microsoft's Activision Blizzard acquisition is rejected
After appealing 2023's court decision, the FTC has received further rejection in its attempt to block Microsoft's acquisition of Activision Blizzard.
Today, another nail in the coffin of the U.S. Federal Trade Commission’s attempts to block Microsoft’s acquisition of Activision Blizzard was hammered in. If you have been keeping up with video game news over the last few years, you have likely heard about Microsoft’s utterly enormous purchase of Activision Blizzard for $69 billion. This deal initially went through in October 2023 after a California court ruled it lawful. Today’s news comes as the FTC’s appeal of the 2023 decision has ultimately been rejected.
FTC appeal to block Microsoft’s purchase of Activision Blizzard blocked
The FTC was concerned that Microsoft’s purchase of Activision Blizzard would limit gaming competition. According to to arrive on PlayStation 5 this summer.
This news is probably surprising to hear now. We have lived in a world where Microsoft has owned a huge piece of the gaming industry for over a year. The fallout of Xbox’s acquisition spree is everywhere, no pun intended. This is why last year’s Xbox Summer Showcase featured a deep dive into the Activision-owned game, Call of Duty: Black Ops 6.
But even more recently, think about when they are making some impressive moves.
While Xbox partnered handheld device releasing sometime soon, which could be a test run for a future Xbox-branded device.
If Xbox can continue to provide great reasons to subscribe to Xbox Game and encourage more people to jump into their ecosystem, they could set themselves up nicely for the future. Hardware might not seem like a priority right now, but after a few years, that could easily change.
