Microsoft’s $75 billion acquisition of Activision Blizzard cleared its final U.S. regulatory hurdle as the FTC dropped its challenge, capping a nearly two-year legal battle.

On May 22, 2025, the U.S. Federal Trade Commission (FTC) withdrew its administrative case opposing Microsoft Corporation (NASDAQ:MSFT)’s $69 billion acquisition of Activision Blizzard. The decision arrived nearly two years after the transaction was finalized,

The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision Blizzard.