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FTC Drops Case over Microsoft's $69 Billion Activision Blizzard Deal

  • The Federal Trade Commission dropped its case on May 23, 2025, against Microsoft's $68.7 billion acquisition of Activision Blizzard completed in October 2023.
  • The dismissal followed nearly two years of legal action, including failed attempts by the FTC to block the deal via injunctions and appeals.
  • The FTC argued Microsoft could make Activision games exclusive to Xbox, but courts rejected this, noting Microsoft maintained titles on rival platforms like PlayStation.
  • Microsoft President Brad Smith described the outcome as a win for gamers nationwide and a sensible resolution in Washington, D.C., noting the FTC dismissed the case in consideration of the public interest.
  • The case’s closure implies regulatory challenges to major tech acquisitions may face higher barriers when courts find insufficient competitive harm evidence.
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OAN broke the news in San Diego, United States on Thursday, May 22, 2025.
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