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 Blizzard.

TL;DR: The FTC has officially dismissed its antitrust case against Microsoft's $68.7 billion acquisition of Activision Blizzard, ending legal challenges to the largest video game merger in history.

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 Blizzard.

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 $69 billion acquisition of Activision ...

The $68.7 billion deal for Microsoft to buy Activision Blizzard closed in October 2023, but the acquisition has faced multiple challenges from the FTC at varying stages of the process.

Microsoft completed its acquisition of Activision Blizzard in October 2023, however, the US Federal Trade Commission (FTC) would file an appeal in December 2023 in an attempt to overturn the court ...

The Microsoft-Activision deal may be in jeopardy. According to the New York Times, the Federal Trade Commission has filed an antitrust lawsuit to block Microsoft’s acquisition of the popular ...

Microsoft’s acquisition of Santa Monica video game publisher Activision Blizzard hit headwinds earlier this month when the Federal Trade Commission announced its intent to block the $68.7 ...