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Reason
Reason
Elizabeth Nolan Brown

Court Greenlights Microsoft Acquisition of Video Game Powerhouse Activision Blizzard

A judge has rejected the FTC's attempt to block Microsoft's purchase of the Call of Duty company. In another blow to the Federal Trade Commission's (FTC) aggressive anti-merger policies, a federal court has denied the agency's request for it to halt Microsoft's acquisition of Activision Blizzard. The FTC sought a preliminary injunction against the $70 billion deal, which would have delayed it going forward while the FTC fought it in an internal court.

In a decision released yesterday, Judge Jacqueline Scott Corley of the U.S. District Court for the Northern District of California denied the FTC's request.

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