Key Takeaways
- A US Judge has ruled that the FTC doesn’t have an antitrust against Microsoft in their proposed takeover of Activision Blizzard
- With the restraining expiring tomorrow, it’s looking like the transaction will be finalized soon
- The FTC has lodged a last minute appeal against the decision
It seems we’re at the stage now where the biggest tech companies are so big, that every time they look to make an acquisition, the regulators aren’t too happy. And it’s not just the US regulators companies like Microsoft and Amazon need to worry about either, with watchdogs from all over the world potentially able to throw out a deal if they believe it will harm competition.
That’s the fight that’s been going on with Microsoft’s proposed takeover of Activision Blizzard. And it’s been going on for some time, with Microsoft first announcing it’s plans to absorb the gaming company way back in January 2022.
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