FTC Fails to Block Microsoft-Activision Deal

Microsoft has achieved another significant victory against the Federal Trade Commission (FTC) in its efforts to acquire Activision Blizzard. The 9th U.S. Circuit Court of Appeals in San Francisco denied the FTC's appeal to block Microsoft's monumental $69 billion deal to purchase the company behind the iconic Call of Duty franchise. This decision, handed down by a three-judge panel, marks the end of the FTC's challenge to the July 2023 ruling that permitted Microsoft to proceed with finalizing the acquisition, which was initially announced in late 2022 (via Reuters).

The acquisition of Activision Blizzard by Microsoft has been under intense scrutiny for over three years, drawing concerns from various quarters. Notably, some U.S. Senators were among the earliest to voice opposition, citing worries over the increasing consolidation within the tech industry as Microsoft expanded its portfolio with major acquisitions. Amidst fears from competitors and gamers that popular franchises like Call of Duty might become exclusive to Microsoft platforms, the company reassured the public that it had no plans to restrict these franchises to lengthy exclusivity periods.

Every Video Game Franchise Xbox Owns After Acquiring Activision Blizzard

View 70 ImagesDespite facing numerous challenges throughout 2023, Microsoft successfully completed its acquisition of Activision Blizzard in October of that year. The FTC's appeal posed a potential late obstacle to the smooth continuation of business operations. With the appeal now dismissed, it appears that the FTC's efforts to block the deal have concluded.

For a comprehensive timeline detailing Microsoft's journey to finalize its acquisition of Activision Blizzard, click here.