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Fortune
Fortune
Chris Morris

The FTC's campaign to stop the massive $68.7 billion deal between Microsoft and Activision just got smacked down by a judge

Lina Khan (Credit: Anna Moneymaker/Getty Images)

Microsoft’s acquisition of Activision Blizzard is a step closer to happening after a California judge has blocked the Federal Trade Commission’s (FTC) injunction request, which would have blocked the deal.

The decision, announced Tuesday morning, does not clear the deal entirely, however. The FTC may appeal the ruling. And Microsoft and Activision must also convince regulators in the UK to reverse their own opposition to the deal.

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