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

Microsoft Revenues Drop

TL;DR

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

ZeniMax Veteran Matt Firor Leaves Company

Matt Firor has officially stepped down from his role as President of ZeniMax Online Studios after 18 years, marking the...

Hires

Jan 05, 2026

Activision Responds on AI Claims

Activision is once again targeted after players discovered what appear to be generative AI–created art assets in Call of Duty:...

Drama

Nov 17, 2025

FTC Blocks Microsoft’s Acquisition of Activision Blizzard

Drama Mergers and Acquisitions

14 June 2023 19:20

Tags: Microsoft Activision

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.”

Share:

Sources:

Report mistake Submit news