FTC Ends Legal Challenge to Microsoft Corporation (MSFT)’s Activision Acquisition
From Yahoo Finance: 2025-05-24 11:06:00
The U.S. Federal Trade Commission (FTC) withdrew its case against Microsoft’s $69 billion acquisition of Activision Blizzard, marking the largest deal in the video game industry’s history. Microsoft acquired Activision Blizzard for $68.7 billion in cash to boost its presence in gaming. The FTC’s concerns sparked a legal battle, but the agency dropped its challenge on May 22, 2025, citing public interest. Microsoft’s President hailed the decision, and analysts see potential growth for the company.
A development team is working on the next version of Windows. Microsoft acquired gaming giant Activision Blizzard for $68.7 billion to enhance its gaming industry presence. Despite FTC opposition due to competition concerns, the deal closed in October 2023. Following a failed appeal, the FTC chose to end its legal challenge on May 22, 2025, referencing public interest. Microsoft’s future prospects and stock performance are now under scrutiny post-FTC’s decision.
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