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FTC Abandons Biden-Era Block on Microsoft-Activision Merger

The FTC has dismissed its efforts to block Microsoft's acquisition of Activision Blizzard, marking a significant shift in regulatory stance under Republican leadership.


Overview

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The Republican-controlled FTC has dropped its litigation against Microsoft's $69 billion acquisition of Activision Blizzard, previously initiated under the Biden administration. The FTC stated that dismissing the case serves the public interest. This decision follows a similar dismissal of a lawsuit against PepsiCo. Microsoft completed the Activision purchase in October 2023 after overcoming legal challenges. FTC Chairman Andrew Ferguson criticized the previous administration's actions as politically motivated. The current FTC, now with three Republican commissioners, has not obstructed some Biden-era policies, including new rules on fee disclosures.

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Analysis

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The article discusses the FTC's decision to abandon efforts against Microsoft's Activision purchase.

The shift in FTC's stance is seen positively by Microsoft and gamers, reflecting political influences.

Controversies surrounding the FTC's decisions highlight the complex nature of regulatory actions.

Articles (3)

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Al Jazeera
Associated Press
Boston Herald
FTC abandons Biden-era effort to block Microsoft’s purchase of Activision
Al JazeeraAl Jazeera·23d·
Leans Left
This outlet slightly leans left.

"…The FTC said it had determined that 'the public interest is best served by dismissing the administrative litigation in this case.'"

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