Microsoft Wins The Activision Blizzard FTC Battle, But Not The War
After a five-day trial filled with bombshell revelations and peaks into the workings of one of gaming’s biggest names, we now know the outcome of the hugely important court case regarding Microsoft VS. the FTC.
The court has sided with Mircosoft, denying the FTC’s preliminary injunction of the Activision Blizzard purchase, meaning the deal is one step closer to becoming a global reality.
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Microsoft’s Win in Court Brings Them One Step Close to Sealing the Deal on Activision Blizzard BuyoutJudge Jacqueline Scott Corley has reached a verdict regarding the Microsoft vs. FTC trial and has ruled in favor of Microsoft, denying the FTC’s request for a preliminary injunction and giving way for the acquisition of Activision Blizzard.
In the ruling, Judge Corley stated, “The FTC has not shown a likelihood it will prevail on its claim this particular vertical merger in this specific industry may substantially lessen competition.” The ruling also states that the FTC failed to provide enough evidence that the merger would lessen competition in the cloud gaming market and even went so far as to say that “the record evidence points to more consumer access to Call of Duty and other Activision content.”
Several high ranking executive has released statements following the decision, with Xbox boss Phil Spencer penning several tweets stating, “The evidence showed the Activision Blizzard deal is good for the industry, and the FTC’s claims about console switching, multi-game subscription services, and cloud don’t reflect the realities of the gaming market.” Alongside Spencer, Microsoft President Brad Smith also released a statement saying the company is “grateful to
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