The federal appeals court rejected the legal complaint of the Federal Trade Commission (FTC) on the deal to acquire Microsoft Activision Blizzard...
According to the Federal Trade Commission, the deal between Microsoft and Activision Blizzard could create a monopolistic environment that harms competition. However, the court did not support the commission's arguments, deciding not to block the deal.
A Microsoft representative expressed satisfaction with the court's decision, noting that it would allow the company to continue working on the joint project with Activision Blizzard. At the same time, the press service of Activision Blizzard is currently refraining from comments regarding this legal battle.
This means that the deal for the acquisition of one large company by another continues its progress, and both parties remain in anticipation of the final development of events.
