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FTC loses again, Microsoft is now clear to close the Activision-Xbox deal in the US

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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