Deep Dives

Microsoft's $69 billion Activision acquisition gets green light

July 11, 2023
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The court has decided against stopping Microsoft's purchase of Activision Blizzard, a decision that was based in part on finding flaws in the Federal Trade Commission's argument. This ruling allows Microsoft to potentially proceed with its major acquisition.

The Court Decision: A federal judge in San Francisco denied the FTC's request to pause Microsoft's acquisition of Activision Blizzard.
  • The judge did not believe the FTC could sufficiently prove that this merger would significantly decrease competition.
  • Parts of the judge's decision are heavily redacted, especially those discussing the companies' assets and their performances in key areas like high-quality content, exclusive content, and cloud gaming subscription services.

  • FTC's Attempts: The FTC had asked for a temporary restraining order and an injunction, seeking to interfere with the deal before its expected July 18 deadline.
  • The FTC had already begun an administrative action to look into how this deal could impact the gaming markets.
  • The FTC also appealed to the US District Court for Northern California, arguing that Microsoft and Activicon could finalize their proposed acquisition at any moment.
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