As we’ve reported to you, the week we’re going through was critical to our acquisition Activision Blizzardsince Microsoft He was waiting for the decision that would decide them all. So it happened With the American giant winning the trial.
In particular, Judge Corley denied issuing a temporary injunction to the FTC to prevent the acquisition of the publishing company for $69 billion.
After considering all the evidence, the judge ruled so The acquisition won’t reduce competition in subscription gaming services eithersuch as Xbox Games Pass and PlayStation Plus, But not in cloud gaming either. This latest discovery is especially important for the American giant, since the reason for the “no” was the competition in cloud gaming from the UK, which is practically the only obstacle to the mega-acquisition now.
It should be noted that the court also rejected arguments regarding competition for consoles, after deciding that Microsoft had no reason to remove Call of Duty from PlayStation.
In more detail, the decision confirms:
After holding a five-day evidentiary hearing and considering the huge volume of affidavits obtained days before and after the hearing, the court rejects the request for a temporary injunction. The FTC has not demonstrated that its claim that the combined company would pull Call of Duty from Sony PlayStation is likely to materialize, or that Activision’s ownership of the content would significantly reduce subscription services’ competition with game libraries or cloud games.
Now the acquisition can be completed, in light of the 18thHa July, which is the deadline for the original agreement, after which Microsoft and Activision Blizzard will have to renegotiate.
Our statement on today’s decision: pic.twitter.com/jRDD8PhBeT
– Brad Smith (@BradSmi) July 11, 2023
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