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Hace 6 días On, the U.S. Federal Trade Commission (FTC) withdrew its administrative case opposing Microsoft Corporation (NASDAQ:MSFT)’s $69 billion acquisition It was the second time in one day that the FTC pulled out of litigation begun during the Biden administration. Earlier Thursday, the FTC said it was dismissing a lawsuit against PepsiCo that was filed by the Democratic-controlled FTC in January. Microsoft announced a The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision More than a year after Microsoft's $69 billion acquisition of videogame behemoth Activision Blizzard was successfully completed, the US Federal Trade The Federal Trade Commission ((FTC)) has ended its attempt to block Microsoft’s (MSFT) $68.7 billion acquisition of Activision Blizzard, withdrawing its complaint

FTC Ends Attempt to Block Microsoft's $69 Billion Activision Blizzard Acquisition

The long and winding road to Microsoft's $69 billion acquisition of Activision Blizzard has reached its end, with a significant victory for the tech giant. The US Federal Trade Commission (FTC) has officially withdrawn its complaint, effectively ending its attempt to block the deal. This marks the culmination of a high-profile legal battle that spanned over a year and involved intense scrutiny from regulators worldwide.

Hace 6 días On, the FTC made the decisive move, withdrawing its administrative case opposing Microsoft Corporation (NASDAQ:MSFT)’s $69 billion acquisition. It was the second time in one day that the FTC pulled out of litigation begun during the Biden administration. Earlier Thursday, the FTC said it was dismissing a lawsuit against PepsiCo that was filed by the Democratic-controlled FTC in January. Microsoft announced a initial agreement back in January 2022, setting off a wave of analysis and debate about the potential impact on the gaming industry.

This isn't the first time the FTC has adjusted its stance. The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision. While initially determined to prevent the merger, arguing it would stifle competition, the FTC faced setbacks in court and ultimately opted to withdraw its complaint.

More than a year after Microsoft's $69 billion acquisition of videogame behemoth Activision Blizzard was successfully completed, the US Federal Trade Commission’s decision signals a shift in the regulatory landscape. Despite the initial concerns, Microsoft successfully navigated the legal challenges and secured approval from key regulatory bodies globally. The Federal Trade Commission ((FTC)) has ended its attempt to block Microsoft’s (MSFT) $68.7 billion acquisition of Activision Blizzard, withdrawing its complaint.

The acquisition is now complete, integrating Activision Blizzard's portfolio of iconic franchises, including Call of Duty, World of Warcraft, and Candy Crush, into Microsoft's gaming ecosystem. This move significantly strengthens Microsoft's position in the gaming market and opens up new opportunities for innovation and growth. Stay tuned for further updates on the integration and its impact on the future of gaming.

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