Microsoft wins against FTC, clearing vital hurdle for Activision-Blizzard buyout

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Microsoft wins against FTC, clearing vital hurdle for Activision-Blizzard buyout
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The FTC's request for an injunction against Microsoft's acquisition of Activision Blizzard has been denied.

, or that its ownership of Activision content will substantially lessen competition in the video game library subscription and cloud gaming markets."

Kotick said in a blog post that the ruling"signals a path to full regulatory approval elsewhere around the globe," and that the company is ready to work with regulators in the UK—who have already"We’re grateful to the court for the way this process was handled and the thoughtfulness of the decision," Kotick wrote.

It's possible that the FTC could appeal the ruling, although there's no indication at this point that it will. Microsoft's acquisition of Activision Blizzard was previously blocked by the UK's Competition and Market's Authority, but has been approved pretty much

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