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A federal appeals court has ruled in favor of Microsoft, dismissing a legal challenge from the FTC regarding the company's $69 billion acquisition of Activision Blizzard. The 9th U.S. Circuit Court of Appeals upheld a previous ruling that denied the FTC a preliminary injunction, indicating the agency did not adequately prove the merger would harm competition in the gaming market. This acquisition, initially completed in 2023, is noted as the largest in the gaming industry, overcoming various regulatory challenges.
Source: YAHOO