"The Commission has determined that the public interest is best served by dismissing the administrative litigation in this case."
"Today's decision is a victory for players across the country and for common sense in Washington, D.C. We are grateful to the FTC for today's announcement."
The Federal Trade Commission (FTC) has officially dismissed its efforts to challenge Microsoft's $68.7 billion acquisition of Activision Blizzard. This decision follows a series of failed attempts by the FTC to block the merger, which is one of the largest in the video gaming industry, including a recent setback in the Ninth Circuit Court of Appeals. Microsoft has hailed the FTC's announcement as a victory for consumers and common sense, reflecting a significant moment in tech and entertainment consolidation.
Read at Engadget
Unable to calculate read time
Collection
[
|
...
]