Home Court Rules FTC Cannot Block Microsoft and Activision Blizzard Merger

Court Rules FTC Cannot Block Microsoft and Activision Blizzard Merger

A U.S. federal judge approved Microsoft’s proposed $68.7 billion acquisition of gaming firm Activision Blizzard, rejecting FTC’s antitrust concerns.
Despite legal challenges in the U.K., Microsoft has agreed to pause litigation with the Competition and Markets Authority.
The ruling has the potential to alter the labor market of the gaming and technology industry, providing a path for collective bargaining for almost 10,000 workers.