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Following Federal Trade Commission (FTC) action to halt the acquisition, Microsoft has won US court approval to acquire popular video game developer Activision Blizzard . Indeed, California Judge, Jacqueline Scott Croley has officially denied the preliminary injunction in a denial order released today.  The decision will now allow Microsoft to acquire Activision Blizzard prior to the July 18th deadline. Nevertheless, Microsoft is still facing an antitrust lawsuit issued by the FTC. Yet, after testimony that lasted five full days, the acquisition has been allowed.  JUST IN: 🇺🇸 Microsoft wins US court approval to acquire Activision. pic.twitter.com/7jbzZk6oLz — Watcher.Guru (@WatcherGuru) July 11, 2023 Also Read: Activision Blizzard Could Incorporate NFTS Into Call of Duty Games Microsoft Wins US Court Approval for Activision Acquisition At the beginning of 2022, tech giant Microsoft announced its intention to acquire video game develop...

According to reports, U.K. regulators have blocked Microsoft’s acquisition of Activision Blizzard. The deal worth $69 billion was dismissed following a months-long investigation by UK’s Competition and Markets Authority [CMA]. JUST IN: UK blocks Microsoft's $69 billion deal to acquire Activision. — Watcher.Guru (@WatcherGuru) April 26, 2023 In January 2022, Microsoft revealed its plan to purchase Activision Blizzard for $69 billion. It was one of the largest deal agreements in the video game industry. The latest move follows previous worries about how the acquisition would have an unfair effect on archrival PlayStation. The CMA’s concern over the deal’s potential impact on the cloud gaming industry as a whole led to today’s conclusion. Activision Blizzard’s ownership by Microsoft, according to the CMA’s final assessment released today, might “stifle competition in this growing market.” The regulator reportedly found evidence that showed Microsoft would find it com...