The FTC was especially concerned about Microsoft's control over Activision Blizzard's popular Call of Duty franchise in the console market. The agency argued that Microsoft might

(Reuters) - A federal appeals court on Wednesday rejected a legal challenge by the U.S. Federal Trade Commission to Microsoft's $69 billion purchase of “Call of Duty” maker Activision Blizzard.

The US Federal Trade Commission (FTC) has officially lost its appeal against Microsoft’s acquisition of Activision Blizzard. Microsoft officially acquired Activision Blizzard in October 2023, completing the game industry’s (and Microsoft’s) biggest ever deal.