United States of America: Issued Court ruling concerning Microsoft's acquisition of Activision Blizzard (FTC v. Microsoft)

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Description

Issued Court ruling concerning Microsoft's acquisition of Activision Blizzard (FTC v. Microsoft)

On 10 July 2023, the US District Court of the Northern District of California issued its decision concerning the complaint filed by the Federal Trade Commission (FTC) concerning Microsoft's acquisition of Activision Blizzard. The court ruled that Microsoft is allowed to proceed with its planned acquisition of videogame maker Activision Blizzard for USD 69 billion. Prior to this, the FTC had argued that the deal would harm gamers and stifle competition by granting Microsoft, the creator of Xbox, the ability to deny rivals access to Activision's games. Therefore, the FTC had sought an emergency injunction to halt the deal, which is set to conclude later this month, while it contested the plans. The court rejected this request on the basis that the FTC has not demonstrated a likelihood of success in its claim that the merged company is likely to withdraw Call of Duty from Sony PlayStation, or that its ownership of Activision content would significantly diminish competition in the video game library subscription and cloud gaming markets.

Original source

Scope

Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
other service provider, technological consumer goods, software provider: other software
Implementation Level
national
Government Branch
judiciary
Government Body
court

Complete timeline of this policy change

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2022-12-08
under deliberation

On 8 December 2022, the Federal Trade Commission (FTC) announced it had issued a complaint and init…

2023-07-10
in force

On 10 July 2023, the US District Court of the Northern District of California issued its decision c…

2023-07-12
under appeal

On 12 July 2023, the Federal Trade Commission (FTC) formally filed an appeal before the Court of Ap…

2023-07-14
in force

On 14 July 2023, the US Court of Appeals for the Ninth Circuit issued an order denying the Federal …

2023-07-20
concluded

On 20 July 2023, the Federal Trade Commission (FTC) withdrew its complaint against Microsoft's acqu…

2023-09-26
under appeal

On 26 September 2023, the Federal Trade Commission (FTC) filed an order returning the matter to adj…

2024-02-07
under appeal

On 7 February 2024, the Federal Trade Commission (FTC) filed a complaint and sought an injunction t…