FTC loses again, Microsoft is now clear to close the Activision-Xbox deal in the US (www.windowscentral.com)

submitted 11 months ago* (last edited 11 months ago) by nihilx7E3@beehaw.org to c/technology@beehaw.org

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tl;dr from the article:

What you need to know

The FTC is trying to stop Microsoft's acquisition of Activision Blizzard for almost $69 billion.

After having a preliminary injunction denied, the FTC appealed the decision to the United States Ninth Circuit Court of Appeals, appealing the decision and seeking injunctive relief.

The injunctive relief, which would've extended the existing temporary restraining order, has been denied.

Microsoft can legally acquire Activision Blizzard in the U.S. very shortly.

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[-] Hylirica@beehaw.org 8 points 11 months ago

I'm glad ActiBlizz employees will hopefully have a better working environment. Plus, I can play WoW again without supporting a human-sized scrotum. 😁

But the sheer size of Microsoft at this point is a bit alarming. It's like watching Disney buying Marvel and LucasArts: a looming giant that will either fall or trample everything underfoot.

[-] nihilx7E3@beehaw.org 6 points 11 months ago

yeah, its getting a little worrying how they're just buying the game market now, especially when you remember how horrible gates & ballmer era microsoft was with anticompetition