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FTC Ends Legal Battle Over Microsoft’s $69 Billion Activision Blizzard Acquisition

The FTC officially dropped its case on May 22, 2025, concluding the multi-year antitrust dispute over the gaming industry’s largest-ever acquisition.

A U.S. Federal Trade Commission (FTC) flag flies outside the headquarters in Washington, D.C., U.S., on Thursday, Aug. 15, 2019.
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Overview

  • The Federal Trade Commission dismissed its complaint against Microsoft’s acquisition of Activision Blizzard, citing the public interest as the reason for ending the case.
  • This decision follows a May 7 appeals court ruling affirming a lower court’s denial of an injunction to block the deal, which was finalized in October 2023.
  • Microsoft President Brad Smith called the FTC’s decision a victory for players and common sense, thanking the agency for its announcement.
  • The acquisition, valued at $69 billion, remains the largest in video game industry history and has significantly expanded Microsoft’s gaming portfolio.
  • Since the deal’s closure, Microsoft has upheld commitments to keep Call of Duty on PlayStation and released former Xbox exclusives on rival platforms.