Microsoft has achieved another significant milestone in its journey to acquire Activision Blizzard, securing a favorable verdict in its ongoing legal battle with the Federal Trade Commission (FTC). Today, the San Francisco-based 9th U.S. Circuit Court of Appeals dismissed the FTC’s appeal aimed at halting Microsoft’s $69 billion acquisition—a deal originally announced in late 2022 (via Reuters). The ruling, made by a three-judge panel, effectively concludes the FTC’s efforts to challenge the July 2023 decision permitting Microsoft to proceed with the purchase.

Since the announcement of the acquisition, Microsoft’s plans have drawn criticism from various quarters, including select U.S. Senators who were among the earliest opponents. Their concerns centered on the growing consolidation within the tech industry as Microsoft expanded its portfolio through strategic acquisitions. Despite worries from competitors and gamers that popular franchises like Call of Duty might become exclusive to Microsoft platforms, the company reiterated its commitment to keeping games accessible across multiple systems, with no intention of enforcing prolonged exclusivity terms.

Every Video Game Franchise Xbox Owns Following the Acquisition of Activision Blizzard

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Throughout 2023, despite persistent obstacles, Microsoft successfully completed its acquisition of Activision Blizzard in October. While the FTC’s appeal posed a potential last-minute hurdle, its dismissal marks the conclusion of the regulatory challenges, allowing Microsoft to move forward seamlessly. For a comprehensive timeline of Microsoft’s efforts to finalize this landmark acquisition, click here.