The Federal Trade Commission (FTC) has officially dropped its case against Microsoft’s acquisition of Activision Blizzard. The FTC filed an order to dismiss its complaint on Thursday, just days after it lost an appeal for a preliminary injunction to prevent Microsoft from finalizing its acquisition.
“The Commission has determined that the public interest is best served by dismissing the administrative litigation in this case,“ says the FTC in its filing. The filing brings an end to the FTC’s fight to try and block Microsoft’s $68.7 billion deal, nearly two years after it originally sought a temporary restraining order and injunction from a US federal district court.
“Today’s decision is a victory for players across the country and for common sense in Washington, DC,” says Microsoft vice chair and president Brad Smith. “We are grateful to the FTC for today’s announcement.”
