Microsoft defeats FTC, moving closer to owning Activision Blizzard
July 11, 2023: Microsoft president Brad Smith has revealed that following the court decision, both Microsoft and the UK CMA have agreed to a stay of litigation over the CMA's blocking of the deal, to work on proposals to get an agreement reached.
The FTC's injunction against the Microsoft acquisition of Activision Blizzard, which would include the purchase of Call of Duty, Diablo, Overwatch, and World of Warcraft, has been denied by the California District Court. This means that the almost $70 billion deal is one step closer to reality. The court says that Microsoft has suitably addressed concerns about Call of Duty and other upcoming games not coming to PlayStation and Nintendo consoles, as well as questions regarding Game Pass and cloud gaming, and has now dismissed the FTC's injunction.
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