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Microsoft Gets Approval to Buy Activision Blizzard from US Court

Key Takeaways
  • Microsoft can buy Activision Blizzard, a video game developer, after getting court approval for the $69 billion deal
  • The court rejected the Federal Trade Commission's attempt to stop the acquisition
  • Microsoft is still dealing with a lawsuit, and the UK's decision is pending, but this approval is a big step for Microsoft in the gaming industry
12-Jul-2023 By: Simran Mishra
Microsoft Gets Appro

Microsoft Gets US Court Approval for Activision Blizzard Acquisition

Microsoft has received permission from a US court to buy a popular video game maker called Activision Blizzard. The court decision means that Microsoft can go ahead with the purchase before the deadline on July 18th. However, Microsoft is still dealing with a lawsuit from a group called the Federal Trade Commission (FTC) over competition concerns. The deal, which Microsoft announced last year, is worth a whopping $69 billion and is a really big deal for both companies and the gaming industry.

Activision Blizzard is known for making some of the coolest and most popular video games ever, like Call of Duty, World of Warcraft, and Diablo. Microsoft wants to buy the company to make itself even better in the gaming world. But the FTC is worried that this could lead to less competition in the gaming market.

Although the US court has said "yes" to the deal, Microsoft still has one more challenge to overcome. The United Kingdom is also looking into the acquisition and will decide on July 28th whether or not to allow it. So, there is still a little bit of uncertainty.

If everything goes well and Microsoft can buy Activision Blizzard, it will be a big step for them in the gaming world. Microsoft has been trying really hard to become a stronger player in the gaming industry and compete with other companies. By buying Activision Blizzard, they will have access to their awesome games and knowledge, which will help them grow even more.

But remember, the legal battles are not over yet, and we have to wait to hear from the UK. Their decision will determine if Microsoft can go ahead with the purchase or if they will face more challenges. The gaming industry is always changing, and this deal could have a big impact on how things work in the future. 

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