Federal Court Ruling Supports Microsoft Activision Deal; FTC to Appeal Loss

On Tuesday, a federal judge ruled against the Federal Trade Commission’s attempt to block Microsoft’s acquisition of video game maker Activision Blizzard. The FTC has said it will appeal the ruling. In response, Microsoft Vice Chair and President Brad Smith issued this statement:
“The District Court’s ruling makes crystal clear that this acquisition is good for both competition and consumers. We’re disappointed that the FTC is continuing to pursue what has become a demonstrably weak case, and we will oppose further efforts to delay the ability to move forward.”
For coverage of this development, see Axios, the Verge, and Reuters.
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