Microsoft Wins Appeal in FTC Challenge to $69 Billion Activision Blizzard Deal

A federal appeals court on Wednesday rejected a legal challenge by the Federal Trade Commission to Microsoft’s $69 billion (roughly Rs. 5,85,688 crore) purchase of Call of Duty maker Activision Blizzard. The San Francisco-based 9th US Circuit Court of Appeals upheld a lower judge’s order that said the FTC was not entitled to a preliminary injunction blocking the deal, which closed in 2023. A three-judge panel unanimously…

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