FTC Blocks Microsoft’s Acquisition of Activision Blizzard

FTC Blocks Microsoft’s Acquisition of Activision Blizzard

Drama Mergers and Acquisitions

14 June 2023 19:20

Today, a U.S. judge agreed to the Federal Trade Commission's (FTC) plea to stop Microsoft's acquisition of Activision Blizzard. Furthermore, the judge scheduled a hearing for next week to address the matter. If there was no court intervention, Microsoft could have finalized the $69B deal this week. In December 2022, the FTC requested an administrative halt to the acquisition. Microsoft President Brad Smith said. “We believe accelerating the legal process in the U.S will ultimately bring more choice and competition to the market.”

Tags: Microsoft Activision

Share:

Sources:

Report mistake Submit news

Related news

View All

Activision Legally Forces Call of Duty Leaker TheGhostOfHope to Stop Sharing Confidential Information

TL;DR * Prominent Call of Duty leaker TheGhostOfHope has confirmed they will stop sharing confidential information after receiving a legal...

Drama

Mar 04, 2026

Phil Spencer Steps Down as Xbox CEO, Sarah Bond Resigns as Asha Sharma Takes the Helm

TL;DR * Phil Spencer is stepping down as CEO of Microsoft Gaming after a career-defining tenure that included the acquisitions...

Hires

Feb 23, 2026

Microsoft Revenues Drop

TL;DR * Xbox games revenue down 9% to $623M in Q2 FY2026. * Hardware sales plunge 32% due to fewer...

Business

Jan 30, 2026

Activision Reveals Resurgence Series

Activision has announced a new chapter for Call of Duty: Warzone esports with the launch of the Resurgence Series, a...

More

Jan 23, 2026

ZeniMax Online Studio’s Cancelled Project Blackbird Leaked

In a fresh wave of gaming leaks, two minutes of in-engine video from ZeniMax Online Studios' long-gestating but ultimately cancelled...

More

Jan 19, 2026