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The Federal Trade Commission (FTC) has decided to drop its long-standing challenge to Microsoft's $69 billion acquisition of Activision Blizzard, citing public interest as the reason. Initially launched in 2022, the legal battle faced multiple hurdles, including a failed preliminary injunction to block the deal. The 9th Circuit Court of Appeals recently upheld a ruling that dismissed the FTC's concerns about competition, allowing Microsoft to integrate Activision Blizzard's popular titles into its Xbox Game Pass service, marking a significant shift in the gaming industry.
Source: YAHOO