After five days of exhausting hearing, a Californian judge has approved Microsoft’s acquisition of Activision Blizzard. This video game studio is well-known for creating titles including Candy Crush, World of Warcraft, and Call of Duty. Microsoft hopes to increase its market share in the smartphone gaming industry with the acquisition, which is valued at around €63 billion. Game creator King, which has produced well-known games like Candy Crush, is owned by Activision Blizzard.
The largest deal in the gambling business had previously sought to be blocked by the US regulatory body, the FTC. After the acquisition, worries were expressed that Microsoft would acquire an excessive amount of power and restrict access to Activision Blizzard games to its Xbox platform.
Microsoft was victorious in its appeal of the FTC’s concerns to the San Francisco court. The acquisition had already received prior approval from the European Union, with one of the requirements being that Microsoft make the titles accessible on other gaming platforms as well.
The FTC declares that it will keep fighting to maintain competition in the online gaming business and that it has no intention of giving up. It’s important to note that Microsoft has not been given approval in the UK.