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FTC finally drops appeal against Microsoft's acquisition of Activision Blizzard
The FTC officially drops its case against Microsoft's historic acquisition of Activision Blizzard.
The FTC has been contesting Microsoft's purchase since its conception in 2022, arguing - in an antitrust lawsuit filed in December that year- the deal would "harm competition in multiple dynamic and fast-growing gaming markets". Following the acquisition in October 2023, the commission still fought on, issuing an appeal in an attempt to overturn the court's decision that December. The news was shared by Microsoft president Brad Smith on social media, with the exec calling the decision "a victory for players across the country and for common sense in Washington, DC".
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