Microsoft has been cleared to acquire Activision Blizzard in the United States after winning its court battle with the Federal Trade Commission
. And it entered several agreements to for the first time bring Activision’s content to several cloud gaming services.
“This Court’s responsibility in this case is narrow. It is to decide if, notwithstanding these current circumstances, the merger should be halted perhaps even terminated pending resolution of the FTC administrative action. For the reasons explained, the Court finds 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.
Responding to the news, Microsoft president Brad Smith said: “We’re grateful to the Court in San Francisco for this quick and thorough decision and hope other jurisdictions will continue working towards a timely resolution. As we’ve demonstrated consistently throughout this process, we are committed to working creatively and collaboratively to address regulatory concerns.”
Pending the outcome of a possible appeal by the FTC, the ruling removes one of the last major obstacles preventing the deal from being completed. The European Commission
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