Under investigation
The United States Federal Trade Commission is investigating Microsoft's acquisition of Activision Blizzard on 11 July 2023 (case FTC Matter 2210077).[1]
The Federal Trade Commission challenged the acquisition in its own administrative court and separately sought a preliminary injunction in federal court to stop it closing. The injunction was denied in July 2023 and the deal completed, while the administrative proceeding remained on foot. It is a clear example of three regulators reaching three different answers on one transaction.
Microsoft acquired Activision Blizzard for $95 per share in cash, about $68.7 billion, the largest acquisition ever made in the video games industry. It closed twenty-one months after announcement following contested reviews in the United States, the United Kingdom and the European Union.
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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