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FINALLY?
By Staff Reporters
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Microsoft’s takeover of Activision Blizzard cleared for landing
A federal judge rejected the FTC’s attempt to stop Microsoft from buying the video game publisher Activision Blizzard, paving the way for the $69 billion deal to close as soon as this month.
The FTC argued that the takeover would result in less competition in the video game industry and limit access to Activision’s blockbuster games, but the judge disagreed, saying, “To the contrary, the record evidence points to more consumer access to Call of Duty and other Activision content.”
While the deal still needs UK regulators’ approval, they also signaled yesterday they would let it proceed.
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Filed under: "Ask-an-Advisor", Breaking News, Health Law & Policy, Information Technology, Investing, LifeStyle | Tagged: Activision, call of duty, FTC, gaming, ganes, IT, microsoft, MSFT, video games | Leave a comment »
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