A federal court nixed the FTC’s request to block Microsoft’s acquisition of Activision Blizzard, which could pave the way for the $69 billion deal to close as soon as this month.
, which could pave the way for the $69 billion deal to close as soon as this month.
In the ruling , District Court Judge Jacqueline Scott Corley cited in part Microsoft’s commitment to keep Call of Duty on PlayStation for 10 years, on parity with Xbox, and that Microsoft inked an agreement with Nintendo to bring the game to Nintendo Switch. The judge found that “the FTC has not shown a likelihood it will prevail” on its claim that the merger “may substantially lessen competition,” she wrote.
“We’re grateful to the Court in San Francisco for this quick and thorough decision and hope other jurisdictions will continue working towards a timely resolution,” Microsoft vice chair and president Brad Smith said in a statement. “As we’ve demonstrated consistently throughout this process, we are committed to working creatively and collaboratively to address regulatory concerns.”
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