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Court Upholds Microsoft’s $69 Billion Activision Acquisition

5/8/2025

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Summary

Story summary

The 9th U.S. Circuit Court of Appeals has dealt a significant blow to the Federal Trade Commission by rejecting its appeal against Microsoft's monumental $69 billion acquisition of Activision Blizzard. The court affirmed that the FTC couldn't demonstrate any competitive harm, allowing Microsoft to complete the deal in October 2023 and greatly enhance its gaming empire.

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Story summary

The 9th U.S. Circuit Court of Appeals has dealt a significant blow to the Federal Trade Commission by rejecting its appeal against Microsoft's monumental $69 billion acquisition of Activision Blizzard. The court affirmed that the FTC couldn't demonstrate any competitive harm, allowing Microsoft to complete the deal in October 2023 and greatly enhance its gaming empire.