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

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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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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[–] [email protected] 0 points 1 year ago (1 children)

Rationally, I know I should be unhappy with the acquisition. But a part of me is hopeful that this will bring back Blizzard as we fondly remember it before the Activision acquisition, or at least partially.

[–] [email protected] 1 points 1 year ago

same here, the optimist (& diablo fan) in me is hoping that microsoft/xbox will make them a good enough company to where i feel comfortable giving them my money again, but the cynical part of my mind is just telling me that they'll probably just go "welp, kotick's gone, diablo 4 on game pass everyone!" then go "hands off" & just ignore the company aside from uploading their games to gamepass & funding them, like they did with arkane. hope i'm wrong though