Microsoft Corp.(MSFT) has cleared a major legal hurdle in its high-profile pursuit of Activision Blizzard Inc. (ATVI) acquisition, as a federal appeals court backed a lower court's decision not to ...

TL;DR: The FTC has officially dismissed its antitrust case against Microsoft's $68.7 billion acquisition of Activision Blizzard, ending legal challenges to the largest video game merger in history.

President Trump's antitrust cops ended a government effort to unwind Microsoft's $69 billion acquisition of video game maker Activision Blizzard that began during the Biden administration.

The FTC still seeks to challenge the $68.7 billion Microsoft-Activision merger in its administrative courts and has set a date for a critical hearing.